Answer to Question #263420 in Management for hritik

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 pilferage and wastage in their production and they need to sort it out as soon as possible. Also, the time taken manufacturer one unit of their cars is extremely high as compared to global benchmark s. 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

The most often utilized systems for regulating production and ensuring profitability are JIT and Lean Production. They are distinct, yet they have a lot in common when it comes to the automotive sector. JIT (Just-in-Time) is built on production efficiency, whereas lean production focuses on increasing value for the product end-user. To reduce waste and improve value in manufacturing for clients, MG Motors can use both solutions independently or together.JIT can help you avoid accumulating waste in surplus inventory. To improve the company's success in the Indian market, Lean production can be used across many divisions, including manufacturing, marketing, and distribution. Both systems have proven to be successful in the automobile business, and the company can use them to overcome the obstacles.