Saturday, January 25, 2025

Cost Leadership Strategy and Industrial Engineering



Open access
The mediating roles of cost leadership and cost focus strategies on innovation capabilities and export performance. Results from an emerging country
Cogent Business & Management 
Volume 11, 2024 - Issue 1




The Journal of Industrial Engineering and Strategic Management (IESM)

The Journal of Industrial Engineering and Strategic Management (IESM) is an international open-access journal (online) published semi-annual by Pouyan Press which was founded in 2019. The Journal contributes to advance the understanding of phenomena related with all aspects of industrial engineering and strategic management. IESM includes contributions, but not limited to, in the following fields: Systems Engineering, Supply Chain Management, Quality Management, Financial Engineering, Human Factors, Project Management, Leadership, Organization Structure, Methods and Techniques for Evaluating and Understanding Competitive, Production and Management Systems, Strategic Resource Allocation, entrepreneurship and Organizational Purpose, Sustainability and Corporate Social Responsibility. Articles submitted to this journal could also be concerned about the most significant recent developments on Industrial engineering and Strategic management. The journal also provides a forum where Strategic Management researchers can obtain information on relevant new developments in Project Management. We encourage the submission of articles that make a genuine Industrial engineering contribution to a challenging Project Management by Strategic Approach.
https://www.iesmj.com/



28.8.2012

Industrial engineering with its focus on efficiency, productivity and cost reduction has an important role to play  in companies which have decided to compete on cost leadership. In these companies there is special emphasis on examining product as well as processes to identify inefficiencies and wastes and minimize resources.

Industrial Engineering curriculums must include an elective subject on developing strategy perspective in IEs especially in relation to the cost leadership strategy.



Bibliography

http://www.costleadershipstrategy.com/



Investigating the tradeoff between cost leadership and differentiation
M.Sc these of Stockholm School of Economics
2007
http://arc.hhs.se/download.aspx?MediumId=315

Term Paper on Cost Leadership - Tata Steel and Reliance Industries are covered in the paper - 2008
http://www.scribd.com/doc/13637922/Cost-leadership-term-paper


Cases Studies on Total Productive Management and Competitive Advantages

Li Chang-Chung, (Department of Industrial Engineering and Engineering Management, National Tsing Hua University, Hsinchu, Taiwan, ROC), Tsai Ping-Chen, (Department of Industrial Engineering and Engineering Management, National Tsing Hua University, Hsinchu, Taiwan, ROC)
Asian Journal on Quality, Vol. 2 Iss: 1, pp.106 - 116

Abstract: The purpose of business strategy is to achieve competitive advantages which includes higher efficiency, better quality, more innovation and faster customer response. In other words, the business strategy is to build unique capability of lower cost and/or differentiation. In production aspect, unique capability means better production power with better performance at 3M(Man, Machine, Material) of input and PQCDSM (Product, Quality, Cost, Delivery, Safety, Moral) from output. The Total Productive Management (TPM), a series of improvement activities focused on reduction of equipment loss, is a tool to establish business competitive advantages.

In this paper, several domestic companies who won the Japan TPM Award have been studied. It is found that there is a strong cause-effect relationship between TPM and competitive advantages because: (1) TPM can change employees mindset effectively; (2) TPM can upgrade employees capabilities; (3) TPM can lead to excellent productivity.

Achieving Cost Leadership - A Sustainable and Pragmatic Approach
Booz Paper
http://www.booz.com/media/uploads/AchievingCostLeadership.pdf

Cost Leadership Strategies
http://ocw.u-tokyo.ac.jp/wp-content/uploads/lecture-notes_eng/Eco_07/e-shintaku-05-2.pdf

Leadership in Operational Excellence - Spencer Stuart
http://content.spencerstuart.com/sswebsite/pdf/lib/opX_0107.pdf

Business Level Strategies and Performance - Ph d thesis 1998
http://repositories.tdl.org/ttu-ir/bitstream/handle/2346/12825/31295012468293.pdf?sequence=1

Cost Leadership - Leadership - Deloitte
http://www.deloitte.com/view/en_CH/ch/insights/privatebankingcentreofexcellence/costleadershipinbusinessoperations/index.htm



Related LinkedIn contact

Harshal Thakare  

Supply chain Lead | DRL | IIM | COEP

Dr. Reddy's Laboratories

Hyderabad, Telangana, India 


Education    

Indian Institute of Management Mumbai     

PGDIE, Logistics, Materials, and Supply Chain Management

2013 - 2015

https://www.linkedin.com/in/harshalthakareiimmumbai/


Harshal Thakare

Supply chain Lead | DRL | IIM | COEPSupply chain Lead | DRL | IIM | COEP

23.1.2025

Dr. Anji Reddy Award winner for Cost Leadership! Achieving this recognition for two consecutive years is an incredible honor.

It's a privilege to be part of a team that is dedicated to making medicine more affordable

https://www.linkedin.com/feed/update/urn:li:activity:7287830817228177408/


Ud. 25.1.2025
Pub. 28.8.2012

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