Abstract
Advanced telecommunications technologies and rapid
transport facilities have led to major markets becoming
global, rather than domestic or regional. Future
manufacturing companies will operate in the global
environment supplying customers with products of
guaranteed minimal lead time and top quality, from
different sources in various parts of the world.
Continuously evolving customer needs require
ever-improving performance from companies, for them to be
able to utilize the available market opportunities.
High-volume standardized production giving way to
flexible manufacturing systems, with more at a lower
cost, but with top quality and vanishing lead times.
Enterprise and interenterprise integration is imperative
for the rapid improvement of products and processes.
| Original language | English |
|---|---|
| Title of host publication | Automation Technology Review 1997 |
| Editors | Heikki Seppä |
| Place of Publication | Espoo |
| Publisher | VTT Technical Research Centre of Finland |
| Pages | 13-17 |
| Publication status | Published - 1997 |
| MoE publication type | D2 Article in professional manuals or guides or professional information systems or text book material |