Resource title

Trade-offs? What trade-offs?

Resource image

image for OpenScout resource :: Trade-offs? What trade-offs?

Resource description

The traditional view of manufacturing strategy is that manufacturing performance is measured along five clearly discernable dimensions: cost, quality, dependability, flexibility, and innovation. This performance depends on the firm's manufacturing strategy, which consists of a number of structural decision components (the "hardware" of a firm, its capacity, location, technology, and vertical integration) and infrastructural decision components (the "software", namely, human resource management, quality control, production planning and inventory control, information management, performance measurement, and organizational structure). For a long time, it was generally believed that the five competitive priorities should be traded off against one another -"quality requires a cost premium" and "flexibility hurts dependability". This paper revisits the competitive priorities, puts them in a different perspective and suggests an alternative dynamic framework for explaining sustainable manufacturing excellence

Resource author

Resource publisher

Resource publish date

Resource language


Resource content type


Resource resource URL

Resource license

Copyright INSEAD. All rights reserved