Download PDFOpen PDF in browser

Develop the New Business Model for SME Manufacturer

EasyChair Preprint no. 4006, version 2

Versions: 12history
30 pagesDate: August 21, 2020


In the new era, due to the market competition, there are a lot of pressures in the manufacturing industry and SME Company.  Most of the manufacturing companies are facing the challenge, such as increasing in product variety, small lot size and short delivery time, but there is lack of a suitable and practical methodology to ensure their problems.   

The study is mainly based on drilling down into an SME manufacturing company, explores the limitation in its current Make-to-Stock and Make-to-Order business models, and find out the boundaries of its operation process when facing the current market.

This research paper develops a new business model: Make-To-Customization, two-phase operation process and standardization modular design to solve the above problems for SME Company, and then trail run the new business model in the manufacturing company.  The results proven that the new model and operation process not only solve the problems in product variety, small lot size and short delivery time, but also create the synergy effect for transformation the idle parts to business opportunity, and improve the efficiency and effectiveness in the operation.  It provides a clear roadmap of explorer and cost-effective solution for other SME manufacturing companies in continuous improvement their Total Quality Management (TQM) and business model.

Keyphrases: Continuous Improvement, PDCA cycle, standardization

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
  author = {George Chien and Felix Chan},
  title = {Develop the New Business Model for SME Manufacturer},
  howpublished = {EasyChair Preprint no. 4006},

  year = {EasyChair, 2020}}
Download PDFOpen PDF in browser