Competitive priorities of manufacturing firms in the Caribbean

Abstract

This paper seeks to examine the competitive priorities emphasized by manufacturing firms in the Caribbean. We study five manufacturing competitive priorities -quality, flexibility, cost, delivery and innovation. Survey data from 60 manufacturing firms in 4 Caribbean countries show that cost and quality are most strongly emphasized while innovation is the least emphasized. The findings from our study also provide support for the cumulative capabilities theory and show that Caribbean manufacturers are simultaneously emphasizing all five priorities and do not appear to be trading off one priority for another. In light of these findings, the implications for manufacturing managers and policymakers in the Caribbean and other developing economies are discussed.

Strategi Penjadwalan Produksi Pakaian Metode Quantum-Based Dan Preemptive Priority Scheduling

“…Thomas J Crowe dan Pablo Nuno membahas mengenai faktor pelayanan, biaya, kualitas dan fleksibilitas sebagai faktorfaktor yang dipertimbangkan dalam manufaktur sehingga dapat mendukung proses pemasaran [2]. Sedangkan Susana N Russel dan Harvey membahas mengenai faktor biaya, kualitas, fleksibilitas, inovasi dan pengiriman yang perlu diperhatikan dalam menentukan prioritas produksi [3].…”

“…Pengiriman biasanya mengacu pada kedua kecepatan dan ketergantungan, ketergantungan pengiriman sebagai jadwal pengiriman pertemuan dan kecepatan pengiriman sebagai bereaksi cepat terhadap pesanan pelanggan [11]. Pengiriman juga dapat menyertakan aspek purna jual sebagai ukuran pengiriman [12].…”

Vaccine market and production capabilities in the Americas

“…Countries like Costa Rica or Puerto Rico have an important and growing pharmaceutical industry; however, the technology to produce their own vaccine is not implemented at a big scale level. Their market’s needs are entirely turned over to the production of generic drugs and branded products sponsored by multinational companies that focus on high-demand products [ 70 , 73 ].…”

Disruptive Innovation-Based Model of Sustainable Competitiveness Development in Small and Medium Food Industries

“…In further research in the same year Taneo et al (2013a) found that the speed of innovation is one of the main keys to sustainable competitiveness in SMEs. Of the many studies on driving factors of SME competitiveness, innovation is identified by researchers as a key driver of competitiveness (Porter, 1980;Kadocsa and Borbas, 2010;Callon et al, 1992;Hakansson and Snehota, 1995;Branzei and Vertinsky, 2006;Forsman and Temel, 2011;Russell and Millar, 2014).…”