Steel is the foundational material of modern civilization and constitutes the core of industry, and yet, it is overproduced across the world. This supply glut is reducing margins and turning steel into a sunset industry. Steel consumes as much as four times the amount of raw materials as its produced volume, and the sheer bulk of the steel makes it costly to transport. Because of this, countries prefer to make their own rather than to source it across land and sea. The Indian steel industry has grown from being the tenth largest steel producer in the world in 1991 to emerging as the second largest, after China. This book aims to reveal, through data and the use of simple economic concepts, the mistakes that abound in the discourses surrounding the steel industry. Its main objective is to dispel the many myths that are perpetuated by policy makers and the industry in order to benefit a small coterie of large firms, and discusses how through such favours the Indian steel industry is set to lose out in terms of margins, products and growth in technology. It covers the unique role of the Indian state in the development of the broad base of steel production, and observes the change in the direction in policy, which reverses the economic equality of the past and promotes collusion among oligopolies leading to overexpansion in capacities. Economics of the Indian Steel Industry will be of interest to students of industrial economics and corporate strategy, as well as financial managers and policy makers.

This impactful volume demonstrates the application and power of psychology and behavioural economics in the pursuit of quality and continuous improvement. It focusses on how the works of stalwarts such as Daniel Kahneman, Richard Thaler, Mihaly Csikszentmihalyi and many others can be used to build an organization that is known for quality products and flawless service delivery. The application of psychology and behavioural economics is still new to quality improvement, and in this book, Debashis Sarkar shares 25 lessons, featuring specific examples based on real life, that show how their application can increase the effectiveness of outcomes. Behavioural Science for Quality and Continuous Improvement: 25 Lessons from Psychology and Behavioural Economics is ideal for business improvement professionals of all hierarchies and across different functional areas and industries seeking to understand the potential of psychology and behavioural economics and their applications, as well as in training and executive development programmes and for scholars of operations management, quality management, and engineering.

During the last few decades, globalization has transformed economic development in East Asia. The expansion of foreign direct investment, increase in international trade, and accelerated flow of financial and human resources across country borders have triggered rapid industrialization and economic integration in the region.
This volume uses the global value chains (GVC) perspective, to explore how the dynamic interactions between firms from developed and developing economies, together with other factors, have stimulated and shaped the rise of local firm capabilities in East Asia. By extending and modifying the existing GVC perspective, the contributors present their own analytical framework to explain the rise of firm capabilities within value-chain dynamics.
This book is essential reading for all interested in development economics, international trade policy and East Asian economics and studies.

German industry in particular is a central focus for studying technical and organizational changes in industry due to its pivotal position in international markets, its technological sophistication and its well-established training systems. Originally published in 1992, this study brings together contributions which contain both theoretical approaches and extensive empirical studies, on the manufacturing industry in Germany, including comparisons to other european countries. It looks at the developments of new technology, identifying trends in rationalization and the influences they have on organizational behaviour. As it discusses the relationships between technology and the work-force it includes discussion on flexible specialization, labour processes, union relations, small and large firms and training processes.

Nanotechnology, as shortly described as the study of manipulating matter on an atomic and molecular scale, is one of the most dynamic and promising industries, receiving a great deal of attention from researchers, business leaders, investors, and policymakers around the world. In Making It to the Forefront, Nesli Aydogan-Duda has assembled a distinguished group of authors to analyze the particular challenges and opportunities of nanotechnology emergence and management in the developing world. In so doing, they address the issues from several angles, ranging from cultural issues to capital markets, industrial clusters to government policy and legal structure. Drawing from in-depth research and case studies in Turkey, Latin America, India, China, and Iran, and a comparison with the development of the industry in the United states, the authors present a cross-cultural approach, with particular emphasis on the strategic nature of the nanotechnology industry for economic development, consumer welfare, and homeland security. Among the topics they consider are the importance of knowledge transfer from universities to the market and, more generally, the interface between science and its commercialization-and the institutional infrastructure that is necessary to maximize the potential of science and technology. In doing so, the authors provide unprecedented theoretical and empirical contributions to the study of nanotechnology, and, more generally, insight into the complex business, political, and cultural environment that must be established in order for such an industry to thrive in the context of a developing country.

Evidence of lean thinking implementation is found in various areas such as services, healthcare, and different industries like the automotive industry, aerospace industry, textile industry, food industry, and oil and gas industry. Such evidence points to the universality of lean thinking and how its use in different contexts increases its importance as an approach to continuous improvement. Lean Thinking in Industry 4.0 and Services for Society presents an insight into lean thinking as a philosophy that can identify problems and wastes in various areas, analyze them, and identify activities that could improve processes. Covering key topics such as industrial systems, lean safety, and lean sustainability, this reference work is ideal for industry professionals, business owners, managers, policymakers, researchers, scholars, academicians, practitioners, instructors, and students.

Die Bibliotheca Teubneriana, gegrundet 1849, ist die weltweit alteste, traditionsreichste und umfangreichste Editionsreihe griechischer und lateinischer Literatur von der Antike bis zur Neuzeit. Pro Jahr erscheinen 4-5 neue Editionen. Samtliche Ausgaben werden durch eine lateinische oder englische Praefatio erganzt. Die wissenschaftliche Betreuung der Reihe obliegt einem Team anerkannter Philologen: Gian Biagio Conte (Scuola Normale Superiore di Pisa) Marcus Deufert (Universitat Leipzig) James Diggle (University of Cambridge) Donald J. Mastronarde (University of California, Berkeley) Franco Montanari (Universita di Genova) Heinz-Gunther Nesselrath (Georg-August-Universitat Goettingen) Oliver Primavesi (Ludwig-Maximilians Universitat Munchen) Michael D. Reeve (University of Cambridge) Richard J. Tarrant (Harvard University) Vergriffene Titel werden als Print-on-Demand-Nachdrucke wieder verfugbar gemacht. Zudem werden alle Neuerscheinungen der Bibliotheca Teubneriana parallel zur gedruckten Ausgabe auch als eBook angeboten. Die alteren Bande werden sukzessive ebenfalls als eBook bereitgestellt. Falls Sie einen vergriffenen Titel bestellen moechten, der noch nicht als Print-on-Demand angeboten wird, schreiben Sie uns an: [email protected] Samtliche in der Bibliotheca Teubneriana erschienenen Editionen lateinischer Texte sind in der Datenbank BTL Online elektronisch verfugbar.

Organizations - whether profit or nonprofit, services or manufacturing - need to be able to adapt and transform their cultures to succeed. Yet cultural transformation can seem either too easy or completely overwhelming. "Transforming Culture" shows how effective and sustainable cultural transformation can be achieved even in a challenging environment such as a General Motors manufacturing plant. The authors offer both a practical approach and tools to draw on the energy and ideas of employees and executives, remove obstacles to change, and create durable improvements.

Filled with historical detail and personal insight, this memoir re-creates the world of textile workers in Bladenboro, North Carolina, during two decades of depression and war.

Baseball, religion, work, death, and the company store -- these figured eminently in the lives of Southern cotton mill workers and their families during the early decades of the twentieth century. In this firsthand account of his native Bladenboro, George G. Suggs, Jr., captures in rich detail the world of a thriving cotton mill town where the company was dominant but the workers had forged a strong community. Here the focus is on the workers -- their interests, personalities, and values -- in their best and in their darker moments. Ultimately we see the many dimensions of working-class culture and taste a way of life that has vanished.

Drawing upon childhood memories and his father's recollections, Suggs covers events in Bladenboro during the 1930s and '40s. He describes the nature of cotton mill work, the stresses and strains produced by undesirable working conditions, and the various ways in which workers and their families learned to cope. Many characters emerge from this story -- from the kind woman who dispensed the company fiat money to the desperate men who would gamble it away. The book explores key topics such as social rankings, medical care, the company store, and workers' responses to death. Above all, we see how faith found expression on the job and in the surrounding evangelical churches. The workers of Bladenboro are gone, and little remains of the mills, but this work pays tribute to lives well lived under the most challenging circumstances.

Despite its long eclipse by Parisian couture, Italian fashion is now celebrated globally for the quality of its tailoring, fabric and design. But an Italian label was not always a yardstick for excellence. In the twenty years following the Second World War, a little known fact is that America played a key role in the development of Italy's fashion industry. More generally known is that the Marshall Plan had a formative influence on the financial and industrial reorganization of Italian postwar reconstruction. But America's specific influence on the regeneration of the Italian textile industry has been largely passed over, despite the meteoric rise of design houses such as Max Mara, Gucci and Prada.However, while American interest was central to the industrial and stylistic expansion of Italian fashion, the lessons learned were combined with Italian ideas and energies to create fashions with a distinctly Italian edge. This book reveals that a deliberate effort went into the development of an Italian national identity in fashion design, partially in response to American interest. Drawing on a wide range of sources, notably the testimonies of key witnesses, contemporary media reports and surviving garments, this book contributes to the scant research on twentieth century Italian dress and specifically exposes for the first time the depth of American involvement in Italian fashion in a crucial phase of its development.

This book presents a detailed industry-by-industry analysis of output and investment in American manufacturing. With imports soaring and the international indebtedness of the United States increasing, manufacturing has been the sector of the economy most threatened by outside pressures. In a growing number of products, domestic manufacture has ceased to be competitive, and in some products where American technological competence should have brought success, there are no American entries at all. The book's major chapters deal with trends and changes, from 1967 onward, in labor productivity, investment per employee, the location of manufacturing establishments, and the role and impact of imports and exports. In each case, general quantitative analysis is followed by a detailed review of the problems with the products, manufacturing processes, and markets of each industry, thus providing not only an account of the industry's current state, but an agenda for future change and improvement.

Most successful organizations recognize Maintenance Parts and Procurement as a critical success factor to Asset Management Excellence and their fundamental supply chain value proposition. This book works as a guide to all the stakeholders that influence the success of their Maintenance Parts Operation and their enterprise's bottom line. Maintenance Parts Management Excellence: A Holistic Anatomy defines the Maintenance Parts Managements role in Asset Management Excellence and expands on the importance of the Parts Inventory Planner role in an organization. It discusses how to create a unique Maintenance Parts Management Strategy for an organization and offers insights on the multiple strategies needed to create and maintain a Maintenance Parts inventory policy. The book also provides an organized overall approach to creating Maintenance Parts Management Excellence in an enterprise. Executives with an organization responsible for the construction, management, and disposal of all assets classes (plant, equipment, IT assets), consultants responsible for assignments associated with optimizing life cycle decisions for clients, maintenance, and reliability professionals within an organization, will benefit from this professional plus book. Upper-level undergraduate engineering students, as well as graduate students of management who focus on operations management and engineering graduate students addressing issues of maintenance and reliability engineering, may also be interested in this book.

This book discusses the 3D printing of sensors, actuators, and antennas and illustrates how manufacturers can create smart materials that can be effectively used to prepare low-cost products. The book also includes how to select the appropriate process for your manufacturing needs. 3D Printing of Sensors, Actuators, and Antennas for Low-Cost Product Manufacturing offers the most recent developments in 3D printing of sensors, actuators, and antennas for low-cost product manufacturing; the book highlights some of the commercially available low-cost 3D printing processes that have higher efficiency and accuracy. Fundamental principles and working methodologies are presented with a critical review of the past work involved and current trends with future predictions. It covers composite and polymeric materials widely used and specifically focuses on low-cost elements. Recent breakthroughs and advantages in product manufacturing when printing smart materials are also discussed. Manufacturing engineers, product designers, manufacturing industries, as well as graduate students, and research scholars will find this book very useful for their work and studies.

Price and Markup Behaviour in Manufacturing examines the role that cost, competing domestic and foreign prices, domestic demand and market structure play in determining the price and markup of manufacturing firms across a range of countries and industries. Michael Olive models imperfectly competitive behaviour at the firm level, establishing logical relationships between these variables. Aggregating these relationships gives predictions for price and markup at the industry level. Empirical analysis is carried out by estimating a pricing equation for 11 industrialised countries in Asia, Europe and North America, and for 24 International Standard Industrial Classification industries from 1970 to 1991. The results exhibit a pattern of incomplete pass-through from competing foreign price into industry price and markups that are not fixed. The author illustrates that for higher levels of industry concentration cost becomes less influential in determining industry price, while the opposite is true for competing domestic and foreign prices. This comprehensive and thorough examination of the literature on pricing, the innovative model development and the comparative analysis in this study will be of great interest to government policymakers and academics wanting to keep abreast of new developments in the area of pricing and markup.

At its height British toymaking was a significant industry, with famous names such as Britains and Meccano known throughout the world. While in essence a specialised form of small-scale engineering, its products and market have always been unique, reflecting the current priorities of both parents and children. Yet, while individual toys and marques have been catalogued extensively, no previous history of toymaking as a whole exists. The British Toy Business provides a fascinating example of the development of a specific industry.
Many early early toys were home-made. From the eighteenth century, with its growing recognition of children as something other than small adults, date the beginnings of specialised toys, usually produced by small workshops and sold by street-sellers. The nineteenth century, with its industrial growth and middle-class prosperity, saw an expansion of toymaking.
The 1960s and 1970s were the most successful years of British toymaking, with companies like Lesney making record profits. Yet British toy makers failed to solve a number of fundamental problems. Following an unexpected sudden downturn in sales at a time of high interest rates, the major names in British toy making, Lesney, Airfix, Mettoy and Dunbee Combex Marx, all collapsed between 1979 and 1985, leaving the business to be dominated largely by importers.

This major Handbook offers a comprehensive analysis of the key issues surrounding the rapid expansion of Latin America's manufacturing sector. It systematically examines the most important factors influencing the comparative advantages and the globalization of manufacturing industries in the region. The Handbook of Latin American Trade in Manufactures provides a detailed account of trade and investment policies, international technology transfers, macroeconomic stabilization and structural adjustment policies and industry-specific initiatives affecting the export competitiveness of Latin America's manufactures. The four major parts of the Handbook contain detailed assessments of regional and country-specific developments in manufacturing trade, and the statistical appendix provides essential information on the countries of the region. This Handbook will be welcomed by a wide range of economists in the fields of international trade and investment, industrial organization, development economics and Latin American Trade. It will also be of interest to business analysts and policymakers concerned with the formation of trade strategies.

In this book, author Sadao Nomura taps into his decades of experience leading and advising Toyota operations in a wide variety of operations to tell the story of radical improvement at Toyota Logistics & Forklift (TL&F). This book tells in great detail what the author did with TL&F, how they did it, and the dramatic results that ensued. TL&F has long been a global leader in its industry. TL&F is part of Toyota Industries Corporation, which was founded by Toyota Group founder Sakichi Toyoda almost 100 years ago. Sakichi Toyoda is legendary in the Lean community as the originator of the all-important "JIDOKA" pillar of TPS, which ensures 1) built-in quality and 2) respect for people through ensuring that technology works for people rather than the other way around. Although TL&F seemed to be performing well, insiders knew that, as the founding company of the Toyota group, it needed to do better, especially in the quality performance of its global subsidiary operations. But improvement would not be easy in a company that already prided itself in its history as an exemplar in providing highest quality products and services. In 2006, TL&F requested assistance from Sadao Nomura. The initial request was for Mr. Nomura to support quality improvement in three global operations that had become part of TL&F through acquisition: US, Sweden, and France. Improvement was expected at these affiliates, but the dramatic nature of the improvement was not. Further, the improvement activities were so powerful that they were also instituted at the parent operations in Japan. Over a period of almost ten years, the company with the name most associated with product quality experienced quality improvement unparalleled in its history. "Dantotsu" means "extreme," "radical," or "unparalleled."

Where and who do we want to be? How might we get there? What might happen if we stay on our current course? The Future of Stuff asks what kind of world will we live in when every item of property has a digital trace, when nothing can be lost and everything has a story. Will property and ownership become as fluid as film is today: summoned on demand, dismissed with a swipe? What will this mean for how we buy, rent, share and dispose of stuff? About what our stuff says about us? And how will this impact on us, on manufacturing and supply, and on the planet? This brief but mighty book is one of five that comprise the first set of FUTURES essays. Each standalone book presents the author's original vision of a singular aspect of the future which inspires in them hope or reticence, optimism or fear. Read individually, these essays will inform, entertain and challenge. Together, they form a picture of what might lie ahead, and ask the reader to imagine how we might make the transition from here to there, from now to then.

This edited collection, first published in 1985, deals with a number of the major themes central to the study of industrial geography. Topics under discussion include new methodologies, the growing service industries, foreign investment and the industrial geography of the developing world. With a detailed introduction from Michael Pacione and comprehensive coverage, the title reflects the extent to which the field of industrial geography changed over the second half of the twentieth century in response to economic change, incorporating the growth of multinational enterprises and the influence of globalisation, alongside traditional discussion of the manufacturing industry. Providing an essential background to developments in industrial geography, this title will be valuable to students with an interest in the economics, characteristics and advancement of industrial change.