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Just in Time
Just in Time
Just in Time
JIT PHILOSOPHY
3. What to Expect
Benefits of JIT
Reduction in inventories Improved quality Reduced space requirements Shorter lead times Lower production costs Increased productivity Increased machine utilization Greater flexibility
JIT philosophy means getting the right quantity of goods at the right place and the right time JIT exceeds the concept of inventory reduction; to eliminate waste, anything that does not add value
What is JIT?
a system designed to produce output within the minimum lead time and at the lowest total cost by continuously identifying and eliminating all forms of waste .
Objective of JIT
Produce only the products the customer wants. Produce products only at the rate that the customer wants them. Produce with perfect quality Produce with minimum lead time. Produce products with only those features the customer wants. Produce with no waste of labor, material or equipment -- every movement must have a purpose so that there is zero idle inventory.
JIT Principles
Create flow production one piece flow machines in order of processes small and inexpensive equipment multi-process handling workers easy moving/standing operations standard operations defined