Introduction To Mass Customization
Introduction To Mass Customization
Introduction To Mass Customization
Customization
Mass customization is a dynamic strategy that allows businesses to
tailor products and services to meet the unique needs of individual
customers. This approach combines the low unit costs of mass
production with the flexibility and personalization of custom-made
items, offering a competitive edge in the market.
by Prasad K
Definition and Concept of Mass
Customization
Increased Profitability
Through targeted customization and efficient production, businesses can achieve
higher margins and reduce excess inventory, leading to improved profitability.
Challenges and Considerations in
Implementing Mass Customization
Data Analytics
Enabling businesses to gather insights on consumer behavior and
preferences, aiding in targeted customization efforts.
Steps to Implement Mass Customization in
a Business
3 Production Streamlining
Optimize production processes to accommodate varied customizations while
maintaining efficiency.