Industrial Competitiveness

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Industrial management focuses on implementing policies to achieve optimal returns on investment while efficiently utilizing resources. Profitability is essential, yet modern manufacturing often overlooks this primary goal. The manufacturing process involves various disciplines, each with distinct objectives and perspectives, such as marketing assessing customer appeal, designers ensuring product functionality, and finance evaluating investments. Each discipline strives for optimization based on its specific criteria, highlighting the complexity of coordinating efforts across functions to achieve overall success in manufacturing.