Sustaining Indian pharmaceutical SMEs as global players: an empirical study on role of Lean-Kaizen tools Online publication date: Fri, 04-Nov-2022
by Thirumani Muniswami Iyer Venkatesan; Goutam Kumar Kundu
International Journal of Business and Globalisation (IJBG), Vol. 31, No. 3, 2022
Abstract: Lean-Kaizen tools are among the popular industrial engineering concepts that guide managers and technicians to proactively improve an organisation's sustainable competitive advantage in the fast growing pharmaceutical industry .The purpose of this paper is to highlight outcomes of empirical studies. The design of this research paper is case study research. For collecting data on process improvements by conducting empirical studies in SME sector, three pharmaceutical units which deployed/implemented lean tools were chosen. The findings of this study revealed that the value stream mapping (VSM) a lean tool contributed effective improvement in productivity and lead time reduction in one study. SMED tool has improved productivity by reduction in change over time. Similarly, Kaizen ideas have lead to savings in rework and reduction. This paper addresses the link between the theory and practice complimented with outcomes.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business and Globalisation (IJBG):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook