| Abstract: | This research project was conducted under the title to assess the Effectiveness of Kaizen
implementation practice in Tracon trading PLC (Coffee Trading Business Line). The main
objective of the study was to assess the Effectiveness of Kaizen implementation practice in Tracon
trading PLC. For this study purpose both primary and secondary data sources were used. In the
primary data both open and close ended questions were prepared in the form of self-administered
questionnaires, whereas the secondary data types were taken from written books regarding Kaizen
implementation. The study would use convenience sampling technique; furthermore, data was
analyzed and interpreted by using SPSS software and some statics tools like percentage and tables.
The study was revealed that Tracon trading PLC has been implementing Kaizen tools in its work
place to improve its organizational performance and to be competitive in its dynamic and very
competitive industry. Furthermore, it was concluded that the implementation of the kaizen tools in
Tracon Trading Plc has contributed toward increases in Productivity and cost reduction, which
increases the profitability of the company. After implementing 5s framework, Total productive
maintenance, 7 waste elimination practices, Just-in-Time principle, and the principles of total
quality management system in the company, there is improvement in Organizational performance
because of increasing Productivity and Profitability by helping Cost Reduction in the company.
Finally, since the current status of the Kaizen implementation in Tracon Trading Plc is very
successful and it brought a significant achievement in various activities, Maintaining this success
is a very important issue to ensure continuous improvement. Moreover, it was recommended for
the management of the Tracon trading plc to make the implementation process inclusive and create
the feeling of the ownership among the employees, because this is the only way to increases the
effectiveness of the Kaizen implementation in the company. Moreover, it would be advisable to
provide periodic training for all employees of the company to strengthen Kaizen in the work place. |
