Just in time by Toyota the smartest production system in the world (JIT) |JUST IN TIME CONCEPT L-1

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Just in time by Toyota the smartest production system in the world in Time (JIT) |JUST IN TIME L-1@ivdmanufacturing7208

Inventory is a valuable asset in many industries. If your business depends on inventory to build your brand and generate revenue, just-in-time (JIT) inventory should be on your radar.

WHAT IS JIT?
Just-in-time (JIT) production means producing the right item at the right time in the right quantity
JIT is an inventory management method that focuses on keeping as little inventory on hand as possible. Instead of stockpiling products and raw materials, you order small shipments to replace inventory as you forecast and fulfill orders. JIT is designed to reduce costs from the production process while ensuring the highest quality products.

ORIGIN OF JIT
Toyota introduced JIT in the 1950s in response to very concrete problems including:
 Fragmented markets demanding many products in low volumes.
 Tough competition.
 Fixed or falling prices.
 Rapidly changing technology.
 High cost of capital.
 Capable workers demanding higher levels of involvement.

WHY JIT
 Eliminate the Push Production
 Change over timings are long and large batch sizes
 Shortage of products to meet the customer demands.
 To minimize the time between receiving supplies and delivering the finished product to the end customer.
 Just-in-time scheduling is the means by which a manufacturer ensures, on a day-to-day basis, that each order is produced with just enough time to achieve on-time delivery.
 By reducing backlogs and inventories, just-in-time scheduling helps companies reduce waste from expired or damaged materials.

JIT STEPS-
• A customer places an order
• The business receives the order and orders the product from the supplier
• Once the supplier receives the order, they deliver it to the business
• The business fulfills the order and the customer receives the product
While other inventory management systems are “push” systems, JIT is a “pull” system. Push inventory systems create inventory in advance so that it’s all set to meet customer demand. A pull system, such as JIT does the opposite as inventory is ordered to meet actual demand.

BASIC PRINCIPLE OF JIT
 JIT production follows a few simple rules.
– Don't produce something unless the customer has ordered it.
– Level demand so that work may proceed smoothly throughout the plant.
– Link all processes to customer demand through simple visual tools (called kanbans).
– Maximize the flexibility of people and machinery


List of Queries-
What is JIT in Lean Manufacturing?
What is JIT Production System?
What is the benefits of JIT ( Just in Time )
JIT ( Just in Time )kya hota hai ?
JIT ( Just in Time ) kya hai ?
JIT ( Just in Time ) kya hai?
Who can Implement JIT ?
JIT kaise implement kre?
JIT ki benefits kya hai?
JIT Kya hota hai ?
JIT in Hindi Language
JIT Explained in Telugu and Tamil
JIT Disadvantages and Advantages
JIT Pros and Cons


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