Just-in-Time (JIT) Manufacturing
Just in Time is an inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. Just in Time systems are essential to time based competition and rely on waste reduction, process simplification, setup time and batch size reduction, parallel processing, and shop floor layout redesign.
Just in Time (JIT) Manufacturing and Inventory Control System: Learning objectives of the article: Define and explain the concept of just in time manufacturing and inventory control system. What are advantages and disadvantages of just in time manufacturing system / JIT Company? Highlight six
After studying this article you should be able to understand the basic concepts underlying: Just in time (JIT) manufacturing system. Total quality management (TQM). Business process reengineering (BPR). Theory of constraints (TOC). The last two decades have been a period of tremendous upheaval and