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Post-Fordism, also known as flexible specialization, is a production strategy that emerged in the late 20th
Key characteristics of post-Fordism include:
1. Flexible Specialization: Companies specialize in a narrow range of products or services, allowing them to
2. Just-in-Time Production: Post-Fordist companies often use just-in-time production methods to minimize inventory costs and respond
3. Lean Production: Lean manufacturing principles are commonly employed in post-Fordist systems. This approach focuses on
4. Modular Design: Products are often designed in modules, allowing for easy customization and adaptation to
5. Global Production Networks: Post-Fordist companies frequently operate in global production networks, leveraging the strengths of
Post-Fordism has significantly transformed the industrial landscape, enabling companies to produce a wider variety of goods