• Print
  • Email

Economic Perspectives, Vol. 18, 3rd, No. 4, July 1994
The impact of lean manufacturing on sourcing relationships
During the last decade, U.S. manufacturing has experienced various changes in its cyclical and structural envivronment. Among them are the severe back-to-back recessions of the early 1980s and the widespread restructuring efforts undertaken in its wake, as well as increased foreign competition, great exchange rate volatility, and most recently, the build-down in the defense sector. In addition, the very core of manufacturing has been changed by the introduction of a new paradigm, the so-called lean manufacturing system. It deserves special attention because of its potential long-term effects.
Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2020. All rights reserved.

Please review our Privacy Policy | Legal Notices