
Manufacturing and Value Chains
Are 'mangineers' the future of lean manufacturing?
What do you get when you cross an engineer with a manager? For one Chinese manufacturer, the answer is a big boost in operational efficiency. Here's why.
Founded in 1978, Esquel Group is a cotton shirt maker producing 82 million shirts annually. It has revenues of over $800 million. It is vertically integrated, from cotton growing in Xinjiang to yarn spinning, weaving, knitting, trims and accessories manufacturing and apparel making. The vertical setup allows rapid response to customers' needs.
What do you get when you cross an engineer with a manager? For one Chinese manufacturer, the answer is a big boost in operational efficiency. Here's why.
During COVID-19, profit becomes secondary and businesses should fill the gap by asking why their business should even exist at all.