1) World Class Manufacturing (WCM) originated from the Toyota Production System and focuses on eliminating waste. The seven main types of waste are transportation, inventory, motion, waiting, overproduction, overprocessing, and defects.
2) WCM aims to bring manufacturing close to customers by reducing lead times, improving quality, and implementing total preventative maintenance. Key aspects of WCM include just-in-time production, total quality management, and value stream mapping.
3) India is emerging as a manufacturing hub, with many global companies outsourcing production there due to its large talent pool and improving quality and productivity. Indian companies are adopting global quality standards and winning international awards.
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