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Success Mass Customization: The Role Of Market Segment Favorableness, Wai Kwan (Elaine) Lau Jun 2014

Success Mass Customization: The Role Of Market Segment Favorableness, Wai Kwan (Elaine) Lau

Wai Kwan (Elaine) Lau

Mass customization (MC) emerged as a new paradigm that shifted from mass production. It achieves both volume and cost efficiency of mass production and customization capabilities at the same time. The challenge for manufacturing managers is to find ways to cope with the market and increase product variety through MC without affecting lead-time, cost or quality. Based on the previous literature review, a conceptual summary of MC is discussed. According to the conceptual summary, a model is built to discuss how each of the elements associated with MC contributes to improved firm performance. It further proposed that the market segment …