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Demonstrates how existing Soviet published sources into the capital goods market can be used to provide a fairly comprehensive picture of likely import requirements. Explores the literature concentrating on the data for metalcutting machinery in order to provide information on planned industrial targets, previous levels of imports and the present state of Soviet technology.Suggests that this desk research provides general guidelines that must be supplemented by information from direct contact with prospective Soviet buyers.

The purpose of this paper is to investigate the impact of lean production practices on performance measures in machine tool industry and determines the lean criteria that can have significant positive impact on performance.

The research paper presents a blend of theoretical framework and practical applications. Extant literature was reviewed and to achieve the research objectives, an exploratory survey was carried out in machine tool supply chains located in the national capital region of India. Reliability test, factor analysis and stepwise multiple regression analysis bring out several lean criteria that can affect key performance measures.

It was found that two lean criteria, namely, strategic partnership with suppliers and cross-functional cross-organizational design and development teams significantly influenced most of the key performance measures. Some lean criteria were found to negatively affect the overall competitive potential of machine tool firms.

The findings can encourage the management of non-adopter firms to adopt lean thinking and to select the lean production criteria that can be implemented to have significant positive impact on key performance indicators in machine tool value chains. This study is perhaps among the first few that focus on machine tool industry in India. The paper provides useful insights to the lean production implementers, consultants and researchers.

We investigate the effects of technological capabilities on firms’ survival chances during market-fusing technological change. Our context is the matured U.S. machine tool industry. During the period of our study, 1975 through 1995, a drastic shift in demand conditions prompted the buyers of machine tools to demand more versatile products to improve their productivity. The advent of microprocessors enabled manufacturers to meet these demands by combining the functions of previously distinctive products. As a result, market segments fused and machine tool manufacturers in once disparate product categories came into direct competition with one another. We propose that incumbents with broader component and architectural capabilities will be better able to adapt to and hence survive market-fusing technological change. Our results, based on a panel data set of U.S. machine tool incumbents, support the value of broad component capabilities but reveal no adaptive advantage of architectural capabilities.

The ideas expressed in this work are based on those put into practice at the Okuma Corporation of Japan, one of the world′s leading machine tool manufacturers. In common with many other large organizations, Okuma Corporation has to meet the new challenges posed by globalization, keener domestic and international competition, shorter business cycles and an increasingly volatile environment. Intelligent corporate strategy (ICS), as practised at Okuma, is a unified theory of strategic corporate management based on five levels of win‐win relationships for profit/market share, namely: ,1. Loyalty from customers (value for money) – right focus., 2. Commitment from workers (meeting hierarchy of needs) – right attitude., 3. Co‐operation from suppliers (expanding and reliable business) – right connections., 4. Co‐operation from distributors (expanding and reliable business) – right channels., 5. Respect from competitors (setting standards for business excellence) – right strategies. The aim is to create values for all stakeholders. This holistic people‐oriented approach recognizes that, although the world is increasingly driven by high technology, it continues to be influenced and managed by people (customers, workers, suppliers, distributors, competitors). The philosophical core of ICS is action learning and teamwork based on principle‐centred relationships of sincerity, trust and integrity. In the real world, these are the roots of success in relationships and in the bottom‐line results of business. ICS is, in essence, relationship management for synergy. It is based on the premiss that domestic and international commerce is a positive sum game: in the long run everyone wins. Finally, ICS is a paradigm for manufacturing companies coping with change and uncertainty in their search for profit/market share. Time‐honoured values give definition to corporate character; circumstances change, values remain. Poor business operations generally result from human frailty. ICS is predicated on the belief that the quality of human relationships determines the bottom‐line results. ICS attempts to make manifest and explicit the intangible psychological factors for value‐added partnerships. ICS is a dynamic, living, and heuristic‐learning model. There is intelligence in the corporate strategy because it applies commonsense, wisdom, creative systems thinking and synergy to ensure longevity in its corporate life for sustainable competitive advantage.

The purpose of this paper is to address the gap between definition and practical aspects of production efficiency in mass customization (MC). The paper summarizes all major issues impacting efficiency in MC. Also, the paper reviews metrics, relationship between various parameters and provides a best practices benchmark toolkit to achieve higher machine efficiencies.

The paper identified and categorized multiple challenges impacting machine efficiency in MC through a literature review spanning over three decades, and also ranked the identified issue-based parameters. Top issues were found varying across different types of industries identified through the review. Metrics pertaining to efficiency and degree of MC are reviewed in the paper. A chronological review of issues is presented, and a chain diagram is built in the paper. Toolkit of best practices created with solution strategies and tools are summarized through the review.

The paper found that MC reasonably impacts machine efficiency which needs to be addressed. Major issues through literature review-based ranking are uncovered, and worldwide research trend and comparison are presented. Active research in this area is observed to be at its peak since 2010. The extensive use of strategies and benchmark toolkit for improving efficiency are summarized.

Ranking of issues has been done through a literature review; hence, there can be skewness depending on the frequency of issues researched by various authors in various areas of industries.

This paper is useful for manufacturing managers and companies willing to increase the size of their product portfolio and choices within their available resources without compromising machine efficiencies and, thereby, the cost. The identified issues help in providing a comprehensive issue list to the academia.

This paper describes what is believed to be the first study that explicitly examines the issues faced in achieving machine efficiency while manufacturing in an MC environment.

WHILE Professor Melman's report on the machine tool industry in Western Europe brought many protestations at the time of its presentation, there is no doubt that since its appearance the British machine tool industry has indulged in self reappraisal, and—to its credit—it has reacted vigorously by the adoption of policies whose implementation is most likely to improve its position as a competitor for world markets of machine tools.

THE fourth of the Aircraft Production Conferences organized by the Southern Section of the Institution of Production Engineers was again held at Southampton University. The theme this year was ‘Speeding Aircraft Production’. At this conference the inaugural Lord Sempill Paper was given by Sir Roy Fedden. This, and the other papers are summarized below, together with a fairly full report of the discussion on each paper.

Describes the manufacturing strategy implications of a two‐industry study of manufacturing practices. A research team administered questionnaires to managers in the machine tools and textiles industries in China, Japan, Korea, the USA and Western Europe. Highlights of the results include the superior Japanese delivery speed and the extensive use of information systems in the USA. An overview of the relative industrial strengths of each country provides a setting to discuss manufacturing strategy. Each national industry is then classified according to the Hayes and Wheelwright stages of manufacturing competitiveness.

This is an aspect of a college's work which offers greater possibilities for co‐operation with industry than most. The firms sending students benefit directly, but the laboratory can also become a centre for disseminating information on the efficient exploitation of existing and new machines. At the same time, with the help of the manufacturers it can become a force to be reckoned with in furthering progress in the machine tool industry

The purpose of this paper is to propose a conceptual framework for product service system (PSS) design for machine tools and discuss the PSS implementation issues focusing on the Indian machine tool business sector.

The paper opted for an exploratory survey conducted in the Indian machine tool sector including 39 in-depth interviews with employees of different organizations representing middle and senior management having decision-making authority. It also involves proposing a framework to address the stakeholder’s requirements for services that offers foundation for PSS designers.

The paper helps get an insights about key issues for PSS implementation by the Indian machine tool sector. The hybrid PSS model proposed in the paper can address the stakeholder’s requirements for flexibility in business models through different business phases.

The paper offers suggestions for the development of PSS for machine tools for designers and identify issues to be considered particularly in Indian machine tools business context.

This paper provides an insight to judge the feasibility of PSS concept for machine tools in Indian context and offers framework for PSS designers.