Indian companies are continuously facing challenges in the manufacturing sector regarding quality, cost and timely delivery. The entry of international firms in every sector has led them to a persistent struggle to survive in a highly competitive environment. Most of the smaller companies have shut down their business and production, whereas larger companies have found it inevitable to implement production planning and cost reduction in their operations. Just-in-time (JIT) can help them face competition successfully. JIT helps in better efficiency and cost minimization focusing on an uninterrupted flow of work for timely delivery. The question is whether Indian companies are ready for the implementation of JIT in their operations. The present study seeks to highlight the nuances of practising JIT and focuses on the descriptive analytical and conceptual framework of JIT, along with zanalyzing a few case studies.
Keywords
Quality, Production, Just-In-Time, Strategy,
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