IMPLEMENTATION OF PERFORMANCE IMPROVEMENT TECHNIQUES – A INDUSTRIAL CASE STUDY

In the present scenario of the globalization, where every company wants to be a world class manufacturer or to improve its organizational performance, it is quite essential to adopt proper improvement techniques which suits it .Every organization needs to be more productive and efficient in order to survive in the market. In the era of the globalization, the requirements of manufacturing or services firms are needs innovative approaches and ideas, replacing the conventional ones, need to improve quality, reducing cost, proper utilization of the resources, and increase in productivity, reduction in all types of waste etc.Depending on the various factors, how to choose the best for an Organization? What methodology or system fits the particular type of organization? Many process improvement methodologies appear to conflict with each other or at least one down play the contribution of other methodologies. As Title indicates, an attempt is made to implement some methodologies in various sections. The case study has been conducted in one of the reputed manufacturing company of india. Due to variety of products, a huge scope of improvement can be made in present system. Efforts have been taken in this direction, for the selection of project. The main objective of this project is to improve production capacity, to minimize inventory, cost, spacspace utilization, Labour cost and rejection iand defects by implementing performance imp improvement techniques like single piece flow, line balancing etc.