Some Famously Efficient Japanese Manufacturers Are Now Lying to Compete
Japanese manufacturers were once held in awe for their mastery of flexible manufacturing and a continuous improvement mantra that revolutionized business practices the world over. Even now, for example, Fanuc remains the preeminent maker of sophisticated robots, sought by manufacturers from China to the U.S. But an increasing number of companies in China, South Korea, and elsewhere have found success emulating—and often besting—Japan’s long-established enterprises, forcing them to scramble.
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