Today’s manufacturing industries are extremely different from ago. Ago the product life are long. The production system requires a much larger time & the product is remaining in the market for such a long time. But due to change in the test of the customers & also due to technological development in recent decayed, the product life time is reduced, product remain in the market for short time.
There is always a present of replacement for the recent product available in the market. This makes the market extremely competitive. In this highly competitive market a manufacturing industries always try to manufacture a product with high quality & high quantity without increasing the product price.
For staying & running longer in this competitive market manufacturing industries always try to develop, modify, it’s recent product in order to increase its product selling & increase its profits.
This competitive market is not only beneficial for the manufacturing industries but it is also beneficial for the customers/buyers.
HOW?
Because this competitive market set an availability of large variety of product in the market, which provide a freedom for the customers to buy the best product from available large verity of product in the market with less price from the available large verity of product.
Our free online courses on eversity are constructed on those topics by focusing the managerial activities of manufacturing industries.
eVersity Online Courses 