Answer to Question #250013 in Management for aniket

Question

MG Motors have been having a tough time from the time of their launch in India. They feel that there have been a lot of pilferages and wastage in their production and they need to sort it out as soon as possible. Also, the time taken to manufacturer one unit of their cars is extremely high as compared to global benchmarks. They have hired you as a consultant for the same? Can you explain the concepts of JIT and Lean Production to them and help them apply the same in order to reduce their troubles

Answer 1

JIT and Lean Production concepts can significantly be incorporated in the company to overcome production issues and reduce wastage; JIT production methods aim to reduce the time of production, improvement of throughput, and work in progress. This would help MG Motors to speed up production and engage suppliers and customers effectively, thus reducing waste and producing customer-oriented products. On the other hand, lean production is customer-oriented; companies use this method to eliminate wastage, reduce costs and promote innovation. Therefore, the organization can leverage lean production to provide customers with the most valuable products.