Final answer:
Computer manufacturers using a hybrid strategy combine just-in-time delivery with customization, integrating efficient inventory management and the ability to meet customer-specific demands. This approach enhances value by allowing for economies of scale in component production alongside the flexibility of custom assembly.
Step-by-step explanation:
The approach computer manufacturers use by building the basic components of a system, storing these components, and adding custom touches once they receive a customer order is indicative of a hybrid strategy. This strategy combines the principles of just-in-time (JIT) delivery, where parts are received as needed rather than being stored in large quantities, with the ability to offer customization to meet specific customer demands. In the context of JIT delivery, it should be noted that this concept revolutionized the manufacturing industry in the 1980s as it allows for more efficient inventory management, reduced warehousing costs, and improved quality control.
Moreover, this technique entails balancing economies of scale achieved through mass production of standard components with the flexibility of custom assembly, thus enabling cost savings and customer-specific production. While each component by itself is not necessarily high in value, the technology and design behind the manufacturing process add significant value to the final product. Ultimately, this hybrid approach allows computer manufacturers to efficiently manage their production, supply chains, and labor costs while maintaining a level of product uniqueness.