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Manufacturing organizations are now being exposed to world class value‐adding standards; therefore restructuring frameworks are required that identify weakness and guide investment. A time‐based functional model has been developed which is capable of analysing the supply chain and all internal value‐adding operations concerned with total input/output conversion. This model can guide investment and restructuring actions to reduce total throughput time and thus total manufacturing costs. Application in a just‐in‐time environment in the electrical switchgear industry in the UK is currently underway to develop the framework further. Discusses details of reductions in throughput time and stock holding.
R.C. Barker (Fri,) studied this question.