Nov' 23
The IUP Journal of Operations Management
| Article | Price (₹) | ||
| Effective Implementation of JIT Manufacturing in Punjab: An Empirical Investigation |
100
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| From Silos to Synergy: A Novel Internal Product Management Framework for Driving Digital Maturity and Business Agility in Manufacturing Organizations |
100
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| Inventory Management: Challenges and Optimization of Spare Parts in Indian Power Utilities |
100
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Effective Implementation of JIT Manufacturing in Punjab: An Empirical Investigation
Just-in-time (JIT) manufacturing is a production model focused on timely delivery of products. This study is an attempt to assess the importance of JIT elements in the manufacturing industry of Punjab. A survey was conducted to assess its role in performance improvement, the barriers to implementing JIT, and important benefits achieved after implementation. Various statistical tools like Cronbach's alpha, student t test, correlation and multiple regression were employed. The results demonstrate that JIT approach significantly helps in reducing cost. Continuous improvement approach is helpful in involving people in JIT activities; preventive maintenance and flow layout are rated as most important for improving plant and machinery efficiency; while decision-making activities by employees, group technology, and removal of buffer stock are rated least important elements of JIT. The study also found that the biggest barrier to implementing JIT approach is ineffective measurement techniques. Cost reduction is the most important benefit achieved from JIT implementation.
From Silos to Synergy: A Novel Internal Product Management Framework for Driving Digital Maturity and Business Agility in Manufacturing Organizations
Product management has a long-established history in consumer goods industry, yet it remains one of the most obscure areas of brand management. However, as global manufacturing organizations increasingly adopt external cloud-based solutions, they face challenges in applying appropriate frameworks to manage their evolving internal or external "digital products." Simultaneously, manufacturing leaders are restructuring their organizations to align with human-centered values, agile methodologies, and fluid operating principles. In this technological and philosophical change context, product management is now recognized as a valuable process that complements current trends. This paper examines traditional theories and characteristics, explores the operational technology (OT) and information technology (IT) challenges associated with adopting product management processes, and proposes an internal digital product management framework, integrating new and existing approaches and principles.
Inventory Management: Challenges and Optimization of Spare Parts in Indian Power Utilities
Power utilities operate using complex machinery which necessitate regular maintenance and replacement of failed or worn-out spare parts. Managing spare parts inventory is a challenging task due to the involvement of a vast number of components and failures, which themselves are random and stochastic in nature. No area of material management is beset with as many problems as that of spare parts, the range being enormous. Inventory management is often overlooked despite the abundance of low-value spare parts in comparison to production items, which require large inventory volumes and are vigorously monitored by higher management. This study focuses on the problems related to management of spares, which is the backbone of efficient and effective maintenance management. A proper strategy for spare parts management can help to unlock scarce resources which are otherwise tied up with the surplus items, and at the same time improve equipment availability for operation.
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