JUST IN TIME APPROACH – IT’S APPLICATION IN INDIAN INDUSTRIES

In today's competitive global business environment, the goal of the manufacturing system is long-term survival. In recent years, Inventory management is continuous challenge for all organizations not only due to heavy cost associated with inventory holding, but also it has a great deal to do with the organizations production process. JIT system has been defined and identified worldwide by many researchers and practitioners for world class manufacturing. This system has potential to compete in the present scenario of rapid development and growth of industrialization. JIT production methods are now widely practiced in many industries. This paper presents the background, benefits, implementation and reviews literature on JIT in developing countries like India. At the end it is suggested that by implementing the JIT in Indian industries, an enormous saving can be generated and a new productivity ethics can be created that may be helpful to strengthen the Indian economy. Further, Indian labor is usually uneducated, lacking in motivation and more concerned with monetary benefits and job security than carrier progress and development of their potential. Labor unions and their reluctances are also unfavorable for implementing the JIT. Therefore, specific cultural changes are required for successfully implementing the JIT. On this issue some researchers opined that Japanese training models are not very successful in India. Therefore, some specific designed training programs should be organized for Indian workforce after studying their behavior pattern, personal traits, attitudes and social values.