27TH DAAAM INTERNATIONAL SYMPOSIUM ON INTELLIGENT MANUFACTURING AND AUTOMATION DOI: 10.2507/27th.daaam.proceedings.057 WORLD CLASS MANUFACTURING (WCM) MODEL AS A TOOL FOR COMPANY MANAGEMENT Peter Poor, Marek Kocisko & Radoslav Krehel This Publication has to be referred as: Poor, P[eter]; Kocisko, M[arek] & Krehel, R[adoslav] (2016). World Class Manufacturing (WCM) Model as a Tool for Company Management, Proceedings of the 27th DAAAM International Symposium, pp.0386-0390, B. Katalinic (Ed.), Published by DAAAM International, ISBN 978-3-902734-08-2, ISSN 1726-9679, Vienna, Austria DOI: 10.2507/27th.daaam.proceedings.057 Abstract Rapid pace of world economy development is forcing businesses to adapt to conditions of global competition and find ways of successful application in an environment of constant change. In current business conditions in predominance of demand and open market the question of gain and apply a competitive advantage is critical for establishment and operation of all types of enterprises. Basic requirements of competitiveness are consistent customer orientation, reliability, and quality management. World Class Manufacturing [WCM] is collective term for most effective methodologies and techniques to realize products of consistent high quality, delivery On Time In Full amount ordered and products at lowest possible cost level. Companies engaging in World Class Manufacturing strategies focus on improving operations, strive to eliminate waste and create lean organizations. This often results in higher productivity. But these companies also focus on speed of total throughput from order capture through delivery setting new standards for delivery without heavy dependence on inventory (Muda, Hendry, 2002). This paper deals with use of WCM (World Class Manufacturing) model and its use in company management. Keywords: WCM; World Class Manufacturing; company; management; industry. 1. Introduction World Class Manufacturing system is primarily based on a comprehensive Japanese management system called Kaizen. These method improvements in production, increasing quality and flexibility are described in book by Mr. Masaaki Imai. KAIZEN is moving forwards by focusing on production process, unlike western thinking oriented to innovation and results. Before oil crisis in 1980s, world industry development of new technologies and innovations has paid off, but after this event in new situation, where prices for manufacturing resources, quality demands also demands for faster introduction of new products increased, and thus western market was forced to pressure competition resort to Japanese strategy (Lind, 2001). World Class Manufacturing is an integrated system which improves processes and quality, reduces cost and with increased flexibility fulfils customer expectations. This system is based on 10 pillars of activities and 10 managerial - 0386 -