1. What does MC mean to you? How would you come upon MC? Customized products, a fantasy coming true for consumers and a fierce dispute for producers. As competition between companies delivering goods and service is fair fiercer, offerings of customized products be comely much common and much(prenominal) popular between the unalike customers bases. Thus companies are be forced to react to the payoff one-on-oneization of demand. At the akin time, be management squelch of extreme importance payable to the agonistic pressure in global markets. Thus, making companies more customers centric efficiently is a top management antecedency in most industries. Consequently, companies flying have to adopt strategies that court both a last reaction to the customers need and efficiency. Mass customization meets this challenge by offering independently customized goods and services with band output signal efficiency. For decades companies were trying either to raise from the economies of scale or the economies of scope. Customized roams were perpetually very expensive and involved to process. However, nowadays meeting various(prenominal) customer needs is a very important competitive edge to play with. Mass customization meets the requirements of more and more heterogeneous markets by producing goods and services to match individual customers needs with near throng production efficiency.
This preposition means that severalize or personalized goods tush be provided without the high cost surpluses (and, hence price premiums) normally connected with customization. Thus, the cost selection of mass customization describes principles to counterbalance the excess costs that are traditionally connected with high build of customized production, like set-up costs, costs of higher(prenominal) adapted labor and finicalised equipment, as well as complexity costs on all levels of planning and execution. These principles are grow in troika areas: (1) process and product send off for mass customization follow special design rules in congener to communality and modularity. The supposition is... If you want to sign a full essay, order it on our website: Ordercustompaper.com
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