Ultimate Enterprise Value Creation Using Demand-Based Management

The 70’s has often been viewed as the decade of quality improvement, during which companies began to invest heavily in quality improvements, and Total Quality Management became a buzzword. In the 80’s, with quality a given, the competitive landscape shifted to lean manufacturing, focusing on concepts such as just-in-time, flexible manufacturing, and zero inventory, in order to achieve manufacturing excellence. In the 90’s, market globalization, shortening product life cycles, and the disintegration of many industries created the race to improve the supply chain.