The growth of Manufacturing Industries measured the economic dominance of a country and regarded as the pillar of the economic plus general development of that particular country. Manufacturing industries help to modernise agriculture, create more job opportunities, expands trade and foreign exchange, higher exports, and increases the growth of GDP.
The market size of Manufacturing industries symbolises a country’s economic strength. For example, according to the Indian annual national income revised estimation, the Gross Value Added prices (2011-12) of the Indian manufacturing industry sector increased 7.9 percent year-on-year during 2016-17. The Government of India expects to grow, the share market of the manufacturing industries, from 16 percent to 25 percent of the Gross Domestic Product (GDP) by 2022.
Challenges of manufacturing industry due to lack of management policies
- lack of a defined process
- Complexity in defining product or service
- Complexity in product audit, internal measurement, and customer feedback
- Lack of proper change management
- Complexity in the supply chain
Since the manufacturing industries have been growing in size, the number of manufacturing industries have been facing several challenges due to the lack of proper management systems. As manufacturing industries are responsive to quality, cost, plus time, lack of a defined process can cause a big challenge for the survival of the particular industry. Without having a set of ISO standards, no sector can represent such product or service that satisfy a customer needs.
Why Management System
Several organisations regardless of size or type implement ISO standards as a verified means of achieving customer satisfaction plus controlling the quality of products or services. Being certified by ISO 9001: 2015 an organisation can define the process through planning, support, operation, and performance evaluation. Section 8 of ISO 9001: 2015 fulfil the requirements concerning products or services and operation control that allow an organisation to define products or services accurately.
Organizations that are not certified by ISO 9001 may face challenges in product audit, internal measurement, and customer feedback. An unexpected change in the marketplace or changes in the buyer’s strategy is a big challenge for the manufacturing industry. Involvement of contractors, merchants plus other third parties with the production process raises the chance of error including miscommunication, and it creates complexity in the supply chain.
ISO 9001:2015 standard certification deals with support which carries people, organisational knowledge, competence, plus awareness which ease the production of a product. Implementing ISO 9001:2015 standard within an organisation helps to conduct businesses professionally; manufacturing industries have to be certified by management ISO standards to adopt with the unexpected changes. Through implementing ISO 9001:2015 standards industries can reduce the complexity of the supply chain management.
Benefits of implementing the management system inside a Manufacturing Industry
- Guarantee the best quality of product or services
- Comply with regulations including standards
- Avoid any mistakes during the production process.
- Comply with quality management principles
- Higher customer satisfaction.