STRATEGIC MANAGEMENT

Strategic Management

Manufacturing Strategy Document

Introduction

In the past years, it has been evaluated that the renewable energy industry has provided much of the benefits and the opportunities which help in meeting the challenges of the people and environment. The production of renewable energy has experienced the following era of globalization in the modern field. The competition in the business is continuously growing which is making it difficult for the renewable energy companies to operate only domestically. For this, some of the niche markets have decided to move into offshore production.

Taking the example of the Dulas who has grown has applied domestic as well as offshore production that helped them in increasing their efforts. Therefore, the following paper is to provide readers an in-depth analysis of the manufacturing strategy that applied at Dulas.

Process Choice

Choice of Process

Due to the rapid developments in technology, among other factors, there is a constant pressure to change the major drivers that influence economic growth in numerous industrial nations. Actual economic situation is known by everybody as being uncertain, besides markets are becoming more competitive with more exigent clients, and also there are huge challenges with respect to environment issues. This creates the conditions that promote actions to improve our current productive systems.

In addition, recently it has been detected in the industrial field, the necessity to study in further detail, the relationship of several factors that influence production systems performance, specially the interaction of productivity, quality, and the production systems design. Unfortunately, nowadays there are no sufficient models, guidelines or at least basic principles that consider these factors together explaining their impact as well as their influence.

Quality is a major area that in line with the ideas of Inman et al. (2003, 1953-71), the traditional process used to bring a new product to market, indicates the existence of numerous techniques and research for the product design, product system validation and production system operation. Nevertheless, the phase of production system design is incomplete, since the guidelines and core principles that companies apply to design their production systems, have been created for achieving productivity targets, but actual market situations also demands higher levels of quality. In some cases quality issues is paramount for company permanence in business. Additionally in the area of manufacturing systems control the link with quality aspects has begun to be explored. Therefore a great opportunity for our research is to develop innovative control models that seek to improve the performance of production systems considering the effects of the interaction of productivity, quality and others compelling parameters.

Role of Inventory

Despite of the recent works in the area of optimal control, definitely it is needed much more research to promote conditions towards industrial applicability. In particular it is worthwhile to state that the objective of this research is to develop stochastic dynamic programming models, and determine the structure of the related optimal policy in order to provide further insight about the effect of quality aspects on the production control ...