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Trends in the dyeing machinery manufacturing industryndashstrategy and dynamic response
Author(s) -
Cheuk Kelvin
Publication year - 1995
Publication title -
journal of the society of dyers and colourists
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.297
H-Index - 49
eISSN - 1478-4408
pISSN - 0037-9859
DOI - 10.1111/j.1478-4408.1995.tb01709.x
Subject(s) - dyeing , attractiveness , product lifecycle , supply and demand , manufacturing engineering , product (mathematics) , industrial organization , business , engineering , computer science , new product development , economics , marketing , microeconomics , mathematics , psychology , chemistry , geometry , organic chemistry , psychoanalysis
An integrated model that incorporates both demand and supply elements has been used to analyse the attractiveness of the dyeing machinery manufacturing industry in the 1990s. Demand and supply interaction will ultimately influence the pattern of proliferation within the product life cycle of dyeing machinery. Kelvin Cheuk suggests that only by adopting a more dynamic strategy with quick response to changes can companies in this industry survive and grow. The approach of strategic alliance, taken by Fong's National Engineering, is discussed.