Cost Leadership Through Advanced Production Techniques

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Isaac A. Tetteh, Accountant, United Kingdom
🔥NEW To what extent can modern contemporary production techniques deliver a sustainable cost leadership to firms? Thanks for your ideas... (...) Read more? Sign up for free

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  Jaap de Jonge, Editor, Netherlands
 

Cost Leadership by Using Advanced Manufacturing Technologies

I think that this has become very difficult nowadays. Due to the transparency provided by the internet it would be very hard to keep your advanced production techniques out of the hands of the competition.
Locally or in a niche market you could probably still achieve it.
You can also achieve cost leadership through manufacturing on a very large scale (economy of scale).

 
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