oboloo Glossary

Manufacturing-Based Approach

oboloo Glossary

Manufacturing-Based Approach

Manufacturing-Based Approach Definition

The Manufacturing-Based Approach definition is a business strategy that focuses on improving the efficiency and productivity of the manufacturing process. The goal is to produce more goods with fewer resources and to reduce waste. To do this, manufacturers use a variety of methods such as Six Sigma, Lean Manufacturing, and Total Quality Management. By improving the manufacturing process, businesses can improve their bottom line and become more competitive in the marketplace.