Indian Manufacturing industry is exhibiting a stable upward growth for the last few months after so many months of near stagnant trend. India offers an attractive opportunity to manufacturers with number of favourable factors like robust domestic demand, a growing middle class, a young population and a high return on investment.
Zero Waste Manufacturing (ZWM) is believed as a roadmap for the future of manufacturing by which the burning issue of “Waste” can be tackled. According to C. Narasimhan, author of one of the best-selling books for professionals, “Make in India for Made in India: Indian Production System” there are four pillars to implement Indian Production System to reduce and eliminate waste.
The four pillars which constitute the IPS Framework are,
Total Lean Manufacturing Define
Parts Handling and Logistics
Greening the Production System
He adds, “All the other prevailing systems mainly concentrate on Lean Manufacturing tools and are restricted to improving operational flexibility and efficiency”
The four pillars of IPS not only look at operational flexibility and efficiency but also work on achieving Zero Waste Manufacturing.
All these four are paramount importance for Indian Manufacturing if we have to scale new heights and set more benchmark in Manufacturing excellence.