Controlling maunfacturing costs was a key requirement of customers of Lockheed Martin MFC, a US manufacturer of precision engagement aerospace and defence systems and winner of the 2012 Malcolm Baldrige National Quality Award. MFC Performance Management Teams (PMTs) focussed on continuous improvement to drive cost savings. Since 2003, the amount of annual savings increased by…

BPIR Categories

15.3.1 Financial performance

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