This paper is published in Volume-5, Issue-4, 2019
Area
Management
Author
Rishabh Jain
Co-authors
Yash Betala, Kirubakaran Uthira Kumar
Org/Univ
Christ (Deemed to be University), Bangalore, Karnataka, India
Pub. Date
30 August, 2019
Paper ID
V5I4-1377
Publisher
Keywords
Just in time, Hybrid Supply Chain, Lean manufacturing, Agile manufacturing, Supply chain, Lead Times, Third-Party logistics, Safety stocks, Total quality management

Citationsacebook

IEEE
Rishabh Jain, Yash Betala, Kirubakaran Uthira Kumar. A comprehensive study of just-in-time commensurating Indian companies, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Rishabh Jain, Yash Betala, Kirubakaran Uthira Kumar (2019). A comprehensive study of just-in-time commensurating Indian companies. International Journal of Advance Research, Ideas and Innovations in Technology, 5(4) www.IJARIIT.com.

MLA
Rishabh Jain, Yash Betala, Kirubakaran Uthira Kumar. "A comprehensive study of just-in-time commensurating Indian companies." International Journal of Advance Research, Ideas and Innovations in Technology 5.4 (2019). www.IJARIIT.com.

Abstract

This conceptual paper analyses the concept of Just in Time in the supply chain and whether it can be applied to an Indian scenario. Based on the understanding of articles that have conducted research regarding supply chain, it is learned that Just in time is one of the efficient ways to commensurate the company’s objectives to reduce costs. Although Just in Time seems helpful it shall not be a resort in India. India, being a developing nation, has to go through lots of advancements in the way businesses are operated. India being a rurally dominated society; companies have to produce according to the convenience of customers which forces them to peg their goods at an affordable rate and turn that as its primary objective. This policy of plummeting the costs through an efficient supply chain has worked well for all the companies but the question remains as to which technique to be implemented. The paper suggests an alternative to Just in Time, which shall be implemented with ease, Hybrid Supply Chain. This model can prove helpful to the companies if it is able to correspond well.
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