What are some bigname companies that in recent decades stopp
What are some big-name companies that in recent decades stopped producing certain products after Asian or European producers aggressively entered the market? Which of these Asian or European producers use lean practices?
Solution
Some of the companies thatin recent decades that stopped certain products
1) SemGroup, July 2008
2) Global Crossing, January 2002
3) Tyco International Ltd, July 2002
4) WorldCom , July 2002.
Some of the companies that aggresively enetered the market and companies like Toyota, Maruti etc use lean production technique under the influence ofmethds like TQM, that got to thrash out the businesses of many companies on the whole.
