Why the Indian Industries fail to implement JIT System: An Analysis
Abstract
Every organization strives for success, with the satisfaction of their customers by understanding and fulfilling their requirements. In the current scenario, when all the companies moving towards a customer-oriented market the quality improvement and cost control are the most crucial factors for every business. The manufacturing organizations need to have a proper inventory management system because inventories are stored in bulk which also blocks a large part of the capital and ultimately results in waste and space usage. One effective solution for all these problems is the Just In Time (JIT) concept as this method focuses on cost reduction, improves quality, and meets customers' rapid needs. This paper stresses upon the implementation of JIT techniques in Indian Industries.