Whereas Taylorism (on which Fordism is based) seeks machine and worker efficiency, Fordism seeks to combine them as one unit, and emphasizes minimization of costs instead of maximization of profit. Named after its famous proponent, the US automobile pioneer Henry Ford (1863-1947).
Use Fordism in a sentence
The fordism philosophy enabled our plant to increase its output by being mindful of and viewing the warehouse in a new way.
You should always try and have your factory running as efficiently as possible by using fordism as your base strategy.
I was not a big supporter, or believer in Fordism and thought that anyone who did blindly follow it was not smart.