What is JIT PPT?

Presentations & Public Speaking. Just in time (JIT) is a production strategy that strives to improve a business’ return on investment by reducing in-process inventory and associated carrying costs. Just in time is a type of operations management approach which originated in Japan in the 1950s.

What is the concept of just in time?

The Just-In-Time (JIT) concept is a manufacturing workflow methodology aimed at reducing flow times and costs within production systems and the distribution of materials.

What are the objectives of just in time?

The fundamental objective of JIT is to produce and deliver what is needed, when it is needed, at all stages of the production process-just-in-time to be fabricated, sub-assembled, assembled, and dispatched to the customer.

What are the elements of just in time?

Elements of JIT include: Continuous improvement….JIT Just-in-Time manufacturing

  • waste from overproduction.
  • waste of waiting time.
  • transportation waste.
  • processing waste.
  • inventory waste.
  • waste of motion.
  • waste from product defects.

When did just-in-time manufacturing start?

When first developed in Japan in the 1970s, the idea of just-in-time (JIT) marked a radical new approach to the manufacturing process. It cut waste by supplying parts only as and when the process required them.

Who is father of JIT?

Taiichi Ohno
In post-war Japan, Taiichi Ohno (“Father of JIT”) adapted the system at Toyota to handle smaller batch sizes and more variety in the parts that could be used to construct assemblies. In 1952, work on their JIT system was initiated, with full deployment of the kanban pull system by 1962.

What are the 3 elements of just-in-time?

Three basic elements work together to complete a JIT system: just-in-time manufacturing, total quality management, and respect for people. These are shown in Figure 7-1 as overlapping circles. Often, it is assumed that JIT refers only to just-in-time manufacturing.

How does JIT improve quality?

Just-in-time (JIT) is an inventory management strategy that reduces waste and increases efficiency by receiving inventory only as they are needed for production, not ahead of time. This significantly reduces the 8 wastes in lean manufacturing.

Who developed the JIT system?

Taiichi Ohno (see article), a Toyota employee, is credited with adopting the first JIT manufacturing method at one of the Japanese car company’s plants in the early 1970s.

What are its benefits and disadvantages of JIT?

This requires a carefully planned scheduling and flow of resources through the production process….Just in time (“JIT”)

Advantages Disadvantages
Lower stock holding means a reduction in storage space which saves rent and insurance costs There is little room for mistakes as minimal stock is kept for re-working faulty product