Benefits Associated with Agile Manufacturing
The primary benefit is speed. By adjusting your manufacturing process to one built on modular product design, you can more easily—and quickly—respond to customer needs. This reduces the time it might take to design a brand new product to meet customer demand. It also allows you to simply modify the current product to address changing markets.
Automating your processes is the key tactic in increasing your speed. This allows you to reduce your inventory levels as there would, ideally, be no wasted pieces on an automated line. Smaller inventory reduces overhead costs because you do not need to store as much product. It also might reduce your tax burden. This overall cost reduction can then be passed on to the consumer, making your organization even more competitive.