Management Overview

The manufacturing process, i.e. the transformation of raw material into marketable products is changing from a semi-stable process to a highly dynamic one. The reasons for this change are manifold and only some of the major reasons are listed in the following: World-wide availability of technology, capital and information (know-how) leads to short development cycles for new products.World-wide marketing of products leads to strong cost competition in established markets.Fast changes in market demands leads to fast obsolescence of established products