Manufacturing Strategy Case Study Example | Topics and Well Written Essays - 500 words - 1

Manufacturing Strategy - Case Study Example The second strategy this company used in its manufacturing is a balanced approach in investment. Most of manufacturing companies in Far East did close their factories and shifted their product production in other countries. The companies that shifted their manufacturing production from one-way flow utilized a balanced approach of investing and reinvestment in other nations. Hammond and Ramman (2006) posit that the company allocated more new production territories in Hong Kong. It also allowed subcontractors to start new plants in Guangdong in China. That was based on the fact that the cost of labor in China was extremely low as compared to the cost in the Far East plant. The third strategy used by Sport Obermeyer was maintaining a careful financial discipline. This company embraced a shareholder value added system in order to determine the difference between the operating profit of the organization and the associated cost of production. The company approximates cost of production before going through a critical analysis to establish whether it could effectively compete. The company got more information on production by allowing more groups to generate forecast demand of retailers on its products. The company then used that group efforts to produce the New Year’s production line. Besides, the company used several home markets and export strategies. While some manufacturing companies typically locate manufacturing plants in a given place to satisfy customers’ demand, Sport Obermeyer Ltd embraced a double approach where it considered the demand in many markets even those found overseas. The management of the company implemented various product strategies. The first one was delivery of matching product collections to its esteemed retailers. That enabled the customers to concurrently view and buy those items simultaneously. Secondly, the management allowed