Lean can be a survival strategy during recessionary times

Bhim Singh · Suresh Kumar Garg · Somesh Kumar Sharma

61 citations0/0 files storedInternational Journal of Productivity and Performance Management

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Quality and Supply Management Management and Optimization Techniques Operations Management Techniques

Abstract

Purpose The purpose of this paper is to discuss a survival strategy for industry in recessionary time by means of lean principles and philosophies. Design/methodology/approach The paper presents the views of the authors regarding the application of lean principles and philosophies to overcome recession, followed by interaction with industrial personnel about recession, its effects and prevention. Findings Recessionary time is the time for industries to follow lean guidelines and to look in to their business chain from raw material to end customer in order to remove all types of waste. Originality/value The paper provides some real help as to how to survive in recession as there is little published research on this topic.

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References

1992The machine that changed the world 1983Japanese manufacturing techniques 1994Strategies for successful organizational downsizing 1997Lean Production: Denial, Confirmation or Extension of Sociotechnical Systems Design?2000A paradigm for benchmarking lean initiatives for quality improvement

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