Kaizen, a Continuous Improvement Philosophy
Kaizen, a Japanese term meaning “change for better,” is a philosophy that originated in Japan after World War II. Introduced by management guru Masaaki Imai, Kaizen focuses…
Just-In-Time (JIT) Approach for MSMEs to Unlock Efficiency
The Just-In-Time (JIT) production strategy, born in Japan and perfected by Toyota in the 1970s, has become a global phenomenon. This approach is built on the principles…
5S Approach for Enhancing Efficiency and Competitiveness of Indian MSMEs
Understanding the 5S Principles In the realm of business, particularly in the manufacturing sector, the 5S methodology is recognized as a powerful tool for improving efficiency, productivity,…