IMPROVING PRODUCTIVITY THROUGH TURNKEY JOBS
Jerome Kramer
Abstract
Jerome Kramer
Abstract
Today's railroads are looking for any changes that can save capital and maintenance costs while still allowing them to offer top-quality service. Turnkey operations, specifically operations performed by manufacturer-contractors, look appealing with their possible dual benefits of reduced overhead costs and increased productivity. Long-term productivity and quality may be enhanced because suppliers, working closely with their products, can quickly make adjustments and improvements as need becomes apparent. Turnkey operations may give smaller railroads the needed alternative to large standing forces and capital investment.
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Today's railroads are looking for any changes that can save capital and maintenance costs while still allowing them to offer top-quality service. Turnkey operations, specifically operations performed by manufacturer-contractors, look appealing with their possible dual benefits of reduced overhead costs and increased productivity. Long-term productivity and quality may be enhanced because suppliers, working closely with their products, can quickly make adjustments and improvements as need becomes apparent. Turnkey operations may give smaller railroads the needed alternative to large standing forces and capital investment.
Key concepts: Turnkey, Productivity, Investment (military), Overhead (engineering), Quality (philosophy), Capital investment, Production (economics), Industrial organization