An Instrument for Improved Performances In Manufacturing Industries

Abstract

In todays scenario of changing conditions such as global competition, automization,lack of availability of skilled labour,  demand for high quality product, availability of different grades of product etc. manufacturing industries have been affected alot.  Every industry is focusing on quality, productivity, safety, return on investment, etc. Now a days various  quality management strategies such as  Quality circles, production work teams, , Total Quality Management, Kaizen, Just–in–time manufacturing, Six sigma, Lean manufacturing &management etc. have been developed. This paper focuses on finding out elements for improved performances of manufacturing industries considering few above mentioned factors. An instrument has been developed to improve financial performance and operating performance for pilot study in the manufacturing industries