Abstract
The Just-in-Time manufacturing philosophy appears to be the most effective remedy to reduce income disparities in countries where majority of people are young, energetic and looking for job to earn respectable living in the society. JIT manufacturing system is designed to split production process among smaller units, capable of delivering a well-defined component strictly in accordance with the agreed time schedule to achieve best possible quality output at a minimum cost. The study is to establish a linkage of dignified and respectful partnership between resourceful investors (Industry) and resource-less (Job-less) population, competent and skillful, but looking for opportunities to contribute at highly competitive costs to prove their worth.
Nisar AHMAD, Sameen MOTAHHIR. (2020) [RESEARCH NOTES] ADOPTION OF JUST-IN-TIME MANUFACTURING PROCESS: Remedy for Solving Income Inequalities, Pakistan Journal of Applied Economics, Volume 30, Issue 1.
-
Views
828 -
Downloads
93