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Mass customization

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mass customization
personalized production generally accomplished
through the use of flexible manufacturing systems;
it reflects an organization's increase in product variety
from the same basic component elements ...

 


Mass Customization
The process of delivering wide-market goods and services that are customized to satisfy a specific customer need.
Henry Ford: Industry Mogul And Industrial Innovator
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Economics Basics ...

See GoCurrency World Currencies Page & Currency Converter mass customization The mass production of goods catering towards individual specifications.

On the contrary, retail bankers works with well-defined types of clients- with differing needs and expectations- and to who pre-packaged services (mass customization) are directed.

8) Leverage IT investment in mass customization production processes. IT controlled production technology can facilitate collaborative, adaptive, transparent, or cosmetic customization.

Channel coordination models may involve multi-echelon inventory theory, multiple decision makers, asymmetric information, as well as recent paradigms of manufacturing, such as mass customization, short product life-cycles, ...

See also: Information technology, Product development, New product development, Political economy, Integration

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