AN APPROACH TO INVENTORY MANAGEMENT IN MASS CUSTOMIZED PRINTING PRODUCTION ENVIRONMENT

摘要

In the competitive industrial setting of present times, it is hard for the manufacturing sector of developed economies to compete with those of developing countries because of the considerably high costs associated with Labor, Material and Transportation in addition to strict Environmental Sanctions, fierce competition from Sinking industries and the ever-shifting global economic patterns. For a manufacturing industry to survive in such conditions, it must be willing to change, should be technologically superior, access multiple markets, be responsive and adapt quickly. New manufacturing concepts and Business strategies are proposed and introduced frequently. One such business/manufacturing strategy that has proved to be successful is Mass Customization. The advantage of MC companies over traditional manufacturing comes with its fair share of challenges. This thesis identifies some important challenges faced by the printing industry, which has adapted MC, and solves one of these challenging problems.