Strategic - High Value Manufacturing

  • futureSME tools for High Value Manufacturing

  • What is it?

    High-value manufacturing creates value, not from cost reduction alone, but from high levels of skill or knowledge in production. It relies on adaptable skills to develop solutions that promote high value. This adaptability provides competitive advantage and promotes sustainability.

  • Why is it important?

    In the global marketplace, low-value production is likely to relocate to low-cost regions. High-value manufacturing is vital for long term survival and growth.

  • How do I use it in my business?

    To become a high-value manufacturer, your customers perceive you to be the best, or you offer custom solutions to problems that no one else offers. To become a high value organisation, focus on these parts of your business:

    Resources Step 1

    Design: Design products with a unique value proposition.

    Resources Step 2

    Manufacturing: Design processes to develop high quality and reliable products.

    Resources Step 3

    Marketing, Branding and Advertising: Capture the imagination of the consumer by targeting the appropriate channels.

    Resources Step 4

    Knowledge and Skills: Develop knowledge and skills to enhance interactions between individuals and companies.

    Resources Step 5

    Social Impact: Perform an environmental impact assessment and implement environmentally friendly practices.
    Get involved in the community.

Watch a clip of Professor Umit Bititci describing High Value Adaptive Manufacturing.

To view the entire presentation
click here