Strategizing for Production Innovation

Paper in proceeding, 2017

Manufacturing firms are constantly evolving to accommodate new customer requirements as well as emerging technologies, materials, processes and equipment. As a consequence, a broad range of production innovation opportunities arise for manufacturing firms to produce their products in smarter, more flexible, agile and sustainable ways. This paper proposes a strategic planning framework for “production innovation” and discusses its implications for the evolution of companies-specific production systems and competitive advantages.