Strategic development of manufacturing market analysis for investment priorities

Emphasizes the need for thorough market analysis in the development of a manufacturing strategy, and reports on evidence which indicates that UK companies are failing in the task of analysis. Draws on case examples from the government-inspired manufacturing, planning and implementation scheme (its p...

Full description

Bibliographic Details
Main Authors: Westbrook, R, Hill, T
Format: Journal article
Published: 1997
Description
Summary:Emphasizes the need for thorough market analysis in the development of a manufacturing strategy, and reports on evidence which indicates that UK companies are failing in the task of analysis. Draws on case examples from the government-inspired manufacturing, planning and implementation scheme (its projects were in two parts ™ market review and selection of appropriate technologies) in studying methods used, the outcomes and the role of the analytical co-ordinators (operations-management academics). Discusses market-review activities, e.g. customer surveys, and their weaknesses in terms of coverage, verification, segmentation and definition.