Green Manufacturing: Implications in Manufacturing Industry

In todays global scenario, the primary goal of manufacturing organizations is to be successful by gaining large profit and to achieve a gain in the market share. So, organizations must find new cost-effective methods and practices to meet the market needs on time. As a response to this, many organizations are adopting continuous improvement programs and techniques like Green Manufacturing (GM), Six Sigma, Lean and Lean Six Sigma (LSS) in their business processes to stay competitive in the global market. At this time, the manufacturing sector, which is so vital for economic growth of India, is experiencing critical Capacity Utilization (CU) level. This has led to increase in costs, locking up resources and reduction in profitability for manufacturers. In the quest for better operational performance and increase capacity utilization level, Manufacturing sector must incorporate GM as a strategy for business improvement.