Ford Motors' plan for a single manufacturing operating systemglobally will reduce manufacturing investment costs by 8% andincrease the vehicles it can produce in each facility by 25%, theDetroit Free Press reports. The company is set to add 9 plants inAsia in its largest expansion in 50 years. It plans to add 400,000units of production to its U.S. plants in order to meet demand.
|To achieve greater economies of scale and better utilization inits factories globally, Ford plans to decrease its number ofvehicle families and increase the number of factories with bodyshops capable of producing many different models. One blueprint forall plants also will allow Ford to use common processes formaterials, delivery and maintenance.
|For the full story.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
