It is a manufacturing philosophy based on International Best Practicing companies to constantly strive to shorten the timeline between the customer demand and delivery, by elimination of muda, the Japanese word for waste. In the present scenario Companies are facing ever-tightening situations where customers are becoming more & more demanding. They want superior quality, more customized variants, just-in-time delivery, shorter lead times and the freedom to order quantities as small as they like. In such a scenario it becomes very essential for organizations to adopt new management practices like Lean Management.