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Identification of Product Wastages through Lean Techniques in Modern Manufacturing Industries:A Case Study
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Nowadays, almost all Industries are struggling in their Business due to economy crisis. In order to recover from that, they are announcing Volunteer Retirement Schemes and Lay-off their Employees, some medium and small scale Industries are even closed too. In this situation, they are forced to do these things to survive in their field:
. Increase the selling price of their product.
. Reduce their internal costs and improve the quality of their product.
At present situation, it is not possible to increase the selling price of their products. So, the only way is to reduce their internal costs and improve the quality of the product to fulfill the Customer Requirement. In order to overcome the above mentioned difficulties, we suggest them to implement the Lean Manufacturing System tools and techniques in their Organization.
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