Problem Description covered in the article
The organizations in the automobile industry face a cut-throat competition on the International level. Every Industry resides in an echo system that has many contenders competing to cut cost, increase productive efficiency and reduce cost of products and services. Thus they are determined in offering attractive prices and rates to their consumers, customers and clients.
Problem’s Background Summary
Being part of the manufacturing industry a Tyre (and auto component) manufacturer is under tremendous pressure to from Original Equipment Manufacturers (OEMs) to - Reduce production cost - Terminate activities that does not add value - Become more responsive to customer demands and requirements ...