In a challenging economic environment, manufacturers look for new ways to compete in a global marketplace. As part of OEM Off-Highway Magazine's cover story "In the Spirit of Shackleton" (July 2009), QRM Center director Ananth Krishnamurthy explained how QRM has helped companies in making highly customized products at a competitive price. "Some of our member companies, even in this down economy, have been able to not only maintain but also grow their market because their competition is suffering," said Krishnamurthy. Read the complete story and Prof. Krishnamurthy's recommendations on how to move forward.
In its annual ranking of the 500 largest (by sales) publicly traded companies in the U.S.
and Canada, measured in their success at boosting their sales and cash flow, Barron’s Magazine,
a major business weekly, ranked QRM Center member company National Oilwell Varco within the top
three. The company attributes its strong growth in part on improved manufacturing efficiencies,
brought about by the implementation of Quick Response Manufacturing.
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Fourteen years after launching and continuously leading the Center for Quick Response Manufacturing, QRM founder Prof. Rajan Suri has handed the reins to Prof. Ananth Krishnamurthy.
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Quick Response Manufacturing helps companies minimize the time it takes for products to flow through their operations. It can make companies more nimble and responsive — and reduce costs.
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Rajan Suri, creator of the theory of Quick Response Manufacturing and founding director of the QRM Center, has been named winner of the Society of Manufacturing Engineers 2006 Albert M. Sargent Progress Award.
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