India embarked upon the liberalisation path in 1991 by dismantling the Licence, Quota, Permit Raj. A decade later, the defence sector allowed 100 percent private sector participation with 26 percent Foreign Direct Investment (FDI). The offset policy in 2005 and its subsequent refinements aimed at leveraging India's big ticket acquisitions to bring in substantial FDI, Joint Ventures (JVs) and outsourcing arrangements, thereby improving the self-reliance quotient. Despite such policy initiatives, India's military industry capability and self-reliance remain at a low ebb. There is considerable unease over the implementation of defence offsets, due to the meagre inflow of FDI into manufacturing and the R&D sector, lukewarm long-term investment interest of foreign arms majors in Indian industry and outsourcing arrangements predominantly for low end products, services and Maintenance, Repair, Overhaul (MRO) so far. To galvanise the process, the government needs to develop a comprehensive industrialisation strategy for the manufacturing sector and dovetail defence industry capability as part of this larger policy mosaic. Use of offsets can be a critical facilitator of this strategy. Of the four BRIC (Brazil, Russia, India, and China) countries that are expected to be global leaders in 2020, Brazil, China and Russia are seen to have taken significant strides in aerospace, shipbuilding, manufacturing, exports and R&D, with offsets playing a significant role. India is yet to realise its full potential in these areas. The offset policy can be a powerful instrument for such global leadership. FDI in defence should be increased to at least 50 percent as this is likely to bring in significant key manufacturing and design technology capability. Simultaneously, substantial R&D investment and joint technology projects will be needed to spur the export potential and the spin-off to the civil sector. Front end defence technology in electronics, avionics and metallurgy and propulsion has always been a precursor to overall growth in Science and Technology (S&T) and national capability build-up. This has to be supplemented by social sector investment, skill upgradation and training. A mix of direct and indirect offsets will bolster this process. A liberal offset policy, with strong government mentoring, has the heady potential to make India a global hub in defence technology and manufacturing, and more self-reliant in critical defence systems and platforms.

This book provides an understanding of innovation models and why they are important in the business context, and considers sources of innovation and how to apply business frameworks using real-world examples of innovation-led businesses. After providing a solid background to the key concepts related to innovation models, the book looks at why innovation takes place and where the sources of innovation lie, from corporate research to crowd-sourced and government-funded initiatives. Innovation models across manufacturing, services and government are explored, as well as measuring innovation, and the impact of design thinking and lean enterprise principles on innovation and sustainability-driven imperatives. Offering a truly comprehensive and global approach, Business Innovation should be core or recommended reading for advanced undergraduate, postgraduate, MBA and Executive Education students studying Innovation Management, Strategic Management and Entrepreneurship.

The story of the company that was founded by the inventor of the snowmobile

In 1942, Joseph-Armand Bombardier invented the snowmobile and founded his company to manufacture them. From its humble beginnings as an entrepreneurial company in rural Quebec, led by an enterprising inventor, Bombardier Inc. has emerged as a global leader in the transportation industry. This book tells the fascinating tale of this remarkably well managed company that has enjoyed spectacular growth in its chosen markets through strong leadership and management strategy, succession planning, strategic diversification, and turnaround and acquisition artistry.The fascinating story of the world's largest rail manufacturer for both railway and subwayReveals why Bombardier Inc. is a multi-faceted global company yet nobody knows their name Written by Larry MacDonald the author of Nortel Network

"The Bombardier Story" shows how invention and entrepreneurship, management and leadership, smooth succession planning, and turnaround and acquisition built this global powerhouse.

Textiles and computing have long been associated. High volume and low profit margins of textile products have driven the industry to invest in high technology, particularly in the area of data interpretation and analysis. Thus, it is virtually inevitable that soft computing has found a home in the textile industry. Contained in this volume are six chapters discussing various aspects of soft computing in the field of textiles and apparel.

This book provides a comprehensive exchange of information on current developments in the field of sustainable management of manufacturing systems and Industry 4.0. The authors' ambition is to establish channels of communication and disseminate knowledge among professionals working in smart manufacturing and related institutions. The book brings together world-leading academics and practitioners from the fields of engineering, infrastructure planning, manufacturing management, and economics. The unique combination of fields and disciplines focused on Industry 4.0 provides presents opportunities to create a bridge between science and practice.

Henry Bernard Loewendahl scrutinizes the relationship between multinational companies, regional development, and governments, using a framework of bargaining between government and multinationals. He critically analyzes the role of foreign investment in economic development, and examines how governments can link inward investment to regional economic development. Based on extensive use of data, interviews and case studies of Siemens and Nissan's UK investment, the book shows why MNCs have invested in the UK in the past, how they bargained with the government, and what the impact was on the national and regional economies. In particular, through linking the strategy of multinationals to the location advantages of the UK, it is argued that labor flexibility and incentives were crucial to investment decisions. Loewendahl recommends a framework to integrate endogenous and exogenous approaches to developments; and proposes a greater role for the region and the EU to control incentives and monitor multinationals.

This book explores sustainability within manufacturing enterprises and examines the concepts and principles of this field. It also reviews the quantitative and qualitative tools available for analytic assessment. It presents a new framework for sustainable manufacturing requirements and discusses the implementation of sustainable manufacturing in terms of practices, indicators, and sustainability level assessments. The book also details the important conditions necessary for the conversion of existing traditional plants to ones with more sustainable processes. Chapters explore topics including the assessment of economic sustainability, social sustainability, environmental sustainability, sustainable manufacturing practices, and sustainability optimization. Serving as a reference for engineers, managers, and practitioners involved in manufacturing, this book will also be a valuable resource to students and researchers of industrial engineering, manufacturing engineering, systems engineering, and operations management.

Lean is about building and improving stable and predictable systems and processes to deliver to customers high-quality products/services on time by engaging everyone in the organization. Combined with this, organizations need to create an environment of respect for people and continuous learning. It's all about people. People create the product or service, drive innovation, and create systems and processes, and with leadership buy-in and accountability to ensure sustainment with this philosophy, employees will be committed to the organization as they learn and grow personally and professionally. Lean is a term that describes a way of thinking about and managing companies as an enterprise. Becoming Lean requires the following: the continual pursuit to identify and eliminate waste; the establishment of efficient flow of both information and process; and an unwavering top-level commitment. The concept of continuous improvement applies to any process in any industry. Based on the contents of The Lean Practitioners Field Book, the purpose of this series is to show, in detail, how any process can be improved utilizing a combination of tasks and people tools and introduces the BASICS Lean (R) concept. The books are designed for all levels of Lean practitioners and introduces proven tools for analysis and implementation that go beyond the traditional point kaizen event. Each book can be used as a stand-alone volume or used in combination with other titles based on specific needs. Each book is chock-full of case studies and stories from the authors' own experiences in training organizations that have started or are continuing their Lean journey of continuous improvement. Contents include valuable lessons learned and each chapter concludes with questions pertaining to the focus of the chapter. Numerous photographs enrich and illustrate specific tools used in Lean methodology. Implementing Lean: Converting Waste to Profit explores implementation methods, line balancing methods, including baton zone or bumping, and implementing Lean in the office and machine shops. The goal of this book is to introduce the balance of the tools and how to proceed once the analysis is completed. There are many pieces to a Lean implementation and all of them are interconnected. This book walks through the relationships and how the data presented can be leveraged to prepare for the implementation. It also provides suggest solutions for improvements and making recommendations to management to secure their buy-in and approval.

This book focuses on the implications of digitalisation in the mobility service industry. Based on an analysis of more than 450 survey responses, it explores and assesses mobility in the age of digitalisation. The content covers both changes in the relationship between the company and its customers and a potential paradigm shift among leading companies. The findings suggest that a shift from traditional mobility management to a more customer-centred management perspective is both widely accepted and increasingly necessary. Nevertheless, the inclusion of services that are not primarily concerned with overcoming spatial distances is considered to be less attractive. Given its scope, the book will be of interest to researchers and professionals who are involved in digitalisation in the mobility service industry.

The book provides a holistic and practical approach to lean management throughout the business value chain. The lean management framework and tools demonstrate the optimal design and use of methods, tools and principles for companies and organisations. The author describes comprehensively how lean management enables companies to concentrate on value-adding activities and processes to achieve a long-term, sustainable competitive advantage. A wealth of best practices, industry examples and case studies are used to reveal the diversity and opportunities of lean management methodologies, methods and principles. Moreover, the book shows how lean management principles are ultimately applied in industries like automotive, healthcare, education and services industries.

Research efforts in the past ten years have led to considerable advances in the concepts and methods of smart manufacturing. Smart Manufacturing: Concepts and Methods puts these advances in perspective, showing how process industries can benefit from these new techniques. The book consolidates results developed by leading academic and industrial groups in the area, providing a systematic, comprehensive coverage of conceptual and methodological advances made to date. Written by leaders in the field from around the world, Smart Manufacturing: Concepts and Methods is essential reading for graduate students, researchers, process engineers, and managers. It is complemented by a companion book titled Smart Manufacturing: Applications and Case Studies, which covers the applications of smart manufacturing concepts and methods in process industries and beyond.

Research efforts in the past decade have led to considerable advances in the concepts and methods of smart manufacturing. Smart Manufacturing: Applications and Case Studies includes information about the key applications of these new methods, as well as practitioners' accounts of real-life applications and case studies. Written by thought leaders in the field from around the world, Smart Manufacturing: Applications and Case Studies is essential reading for graduate students, researchers, process engineers and managers. It is complemented by a companion book titled Smart Manufacturing: Concepts and Methods, which describes smart manufacturing methods in detail.

Paper and the British Empire examines the evolution of the paper industry within British organisational frameworks and highlights the role of the Empire as a market and business-making area in a world of shrinking commerce and rising trade barriers. Drawing on a valuable range of primary sources, this book covers the period 1861-1960 and examines events from the establishment of free trade backed by the gold standard to Britain's membership of the European Free Trade Association. In the field of the paper industry, the speed and intensity of the industrialisation process around the globe have been shaped by a wide variety of variables, including the surrounding institutional framework; entrepreneurial and organisational strategies; the cost and accessibility of transport; and the availability of capital, knowledge, energy resources, and technology. The supply of papermaking raw materials has also been key and has historically been the most important determinant for geographical location and dominance. The research in this work focuses on the roles played by such variants, on the one hand, and demand characteristics on the other. In particular, it considers developments connected to a quest for Empire-grown raw materials in order to tackle the problem of the lack of indigenous raw materials and the resulting dependence on Scandinavian wood pulp imports. This text is of considerable interest to advanced students and researchers in economic history, business history, and the paper industry, and will also be useful to organisations working within the pulp and paper industries.

The absorbing and everlasting subject of watch repairing has been dealt with in books in many languages throughout the years. But when de Carle first set out to write "Practical Watch Repairing" in 1946, it was with the intention of creating a textbook "that a watchmaker can understand, even if he can't read." With over 550 instructional black-and-white illustrations and an approach that assumes no prior watch-repairing experience, this book achieves and surpasses that lofty mission, and has been touted as "the best illustrated book on practical horology" ("Horological Journal") ever written. For the readers in his audience, de Carle has provided well-informed discourse on every topic a watchmaker, or aspiring watchmaker, needs to know. With "Practical Watch Repairing," even a layman can become a watch-repair specialist.

Clear and easy to follow style and varied professional experience of the author make this book stand out from the other more complex Project Management books on the market Comprehensive coverage, illuminating examples, practical discussions, and clear guidelines on how to apply the tools and techniques of project management Aligned with the latest edition of the Project Management Institute's (PMI) Project Management Body of Knowledge (PMBOK) Inclusion of Templates for the various Subsidiary Project Management Plans makes the book a practical asset for beginners

This book analyzes the structural factors that underlie the persistent mass poverty and extreme inequality in South Asian countries. It highlights the fact that the supposed trade-off between output growth and job creation is a false dilemma. Growth can create jobs, and jobs can drive growth, mutually reinforcing one another. Increased employment and better jobs would mitigate the problems arising from a widening inequality gap. The book argues that policies focused on employment generation, mostly through industrialization, are the way forward in terms of providing livelihoods, sustaining growth and reducing inequality. The book is divided into two main parts. Part A explores cases in selected countries in South Asia in detail, primarily focusing on the opportunities and challenges of job creation in the manufacturing sector, as well as related issues, including constraints on manufacturing-sector growth in South Asia, exports and trade linkages, participation in value chains and the role of investment. In turn, Part B addresses a number of aspects that can promote a deeper understanding of strategies for industrialization and employment creation in the South Asian context, including regional cooperation, skill development, and industrial competitiveness. Gathering contributions from some of the region's top minds, this book is of interest to scholars, researchers, policymakers and industry analysts alike.

Multistate System Reliability with Dependencies explains how to select a model of load sharing that best describes the impact of changes in reliability states of components. This is mainly achieved via a generalization of two-state system reliability analysis, where equal load sharing and local load sharing rules are commonly used. The material covers basic concepts of traditional reliability theory, including the concept of probability, failures, series and parallel systems, k-out-of-n systems, and more. It features cutting-edge theorems on the reliability analysis of multistate systems that take into account component degradation and dependencies between subsystems and components in subsystems. Other themes addressed include renewable systems and the availability analysis of multistate systems. Combining results of the reliability analysis of multistate systems with dependent components and the results of the classical renewal theory, the availability analysis of multistate systems under the assumption of imperfect renovation is also provided.

This book explores the intricate relationship between luxury and craftsmanship, using brand-based case studies and consumer behavior to do so. In addition to revealing how the artification of luxury affects consumer behavior with branding and traditions, it discusses how sustainable luxury could not only offer a vehicle for more respect for the environment and social development, but could also be a metaphor for the cultures, art traditions, and innovations of various nationalities, continuing the legacy of local craftsmanship.

This proceedings volume explores marketing opportunities and challenges that exist in the current, fast-changing landscape of the global marketplace. Current global issues such as the rising middle class in emerging markets, disruptive technological breakthroughs, big data analytics, changing consumer habits and concerns over national trade policies have renewed ethical concerns around consumer privacy and the tools companies use to operate, market to, connect and build a relationship with their customers. Featuring the full proceedings from the 2019 Academy of Marketing Science (AMS) Annual Conference held in Vancouver, Canada, this book explores and assess the rate of change that drives companies to evaluate and adapt their marketing strategies to remain competitive. Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses, and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complementing the Academy's flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review (AMSR). Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science.

In 1962, South Korea assembled just 1,100 new automobiles. By 1996, this total had soared to 2,812,714. What explains this remarkable growth? The answer is complex, and involves a combination of a supportive State, timely technology alliances, a skilled but historically low-paid workforce, aggressive pricing, savvy entrepreneurs, and fortuitous circumstances. Despite this amazing ascent, comparatively little has been written about the Korean auto industry in English. In the first of a two-volume set, this 11-chapter book seeks to help fill this void by providing in-depth examinations of all six of Korea's automakers from their beginnings through 1996. Uniquely written from the perspective of industry analysts at the time (without knowledge of the Asian Fiscal Crisis), the book should prove informative to practitioners, scholars, and students interested in automotive history, international political economy, Asian studies, and more.

The book introduces the concept of cloud manufacturing and describes the cloud service technology system behind it. The authors discuss key technologies of manufacturing cloud service management, including service construction, evaluation and composition, and scheduling. With abundant case studies, the book is an essential reference for researchers and engineers in manufacturing and information management.

A large and growing number of manufacturers are realizing the substantial financial and environmental benefits of sustainable business practices. To develop more sustainable societies, industries need to better understand how to respond to environmental, economic, and social challenges and transform industrial behavior. The objective of this book is to provide the required knowledge and accelerate the transition towards a sustainable industrial system. The book will help industries to enhance operational efficiency by reducing costs and waste. It will help them increase customer response, reach new customers, and gain competitive advantage. It offers innovation, scenario planning, and strategic analysis that goes beyond compliance, as well as case studies and remedies to the industry 4.0 challenges. Professionals, as well as students, can refer to this book to add to their knowledge on Industry 4.0 and develop new ideas and solutions to the existing and future problems.

This book examines how the norms, culture, and practices of the socio-economic Nordic model give them a competitive edge in globalized production chains. Using the Norwegian automotive industry - one of the most globalized industries in the world - as the empirical foundation of the book, it examines the strengths, tensions, and challenges the Norwegian work organization style meets in this particular business environment. It explores the current indicators of competitiveness, innovation, scientific excellence, and well-being as compared with the US, UK, EU, Japan, and elsewhere to address the hotly debated question of how institutions and culture contribute to or inhibit certain forms of work organization, learning, and economic performance. Integrating action research, organization studies, and learning and innovation economics, this book provides a more precise understanding of how institutions and cultures at a macro level shape learning practices in a competitive industry.