WORLD CLASS MANUFACTURING (WCM) MODEL AS A TOOL FOR COMPANY MANAGEMENT

摘要

Rapid pace of world economy development is forcing businesses to adapt to conditions of global competition and find ways of successful application in an environment of constant change. In current business conditions in predominance of demand and open market the question of gain and apply a competitive advantage is critical for establishment and operation of all types of enterprises. Basic requirements of competitiveness are consistent customer orientation, reliability, and quality management. World Class Manufacturing [WCM] is collective term for most effective methodologies and techniques to realize products of consistent high quality, delivery On Time In Full amount ordered and products at lowest possible cost level. Companies engaging in World Class Manufacturing strategies focus on improving operations, strive to eliminate waste and create lean organizations. This often results in higher productivity. But these companies also focus on speed of total throughput from order capture through delivery setting new standards for delivery without heavy dependence on inventory (Muda, Hendry, 2002). This paper deals with use of WCM (World Class Manufacturing) model and its use in company management.