KC 1.4.2 - Just in Time (JIT) technique
Coming Soon.......
posted by Prasanna Kumar at 2:19 AM
Next Knowledge Categories
- KC 1.5.1 - Quality Pioneers - Edwards Deming
- KC 1.5.1.1 - Deming's 14 Principles
- KC 1.5.2 - Quality Pioneers - Philip Crosby
- KC 1.5.3 - Quality Pioneers - Joseph M. Juran
- KC 1.5.4 - TQM (Total Quality Management)
- KC 2 - Quality Leadership - CONTENTS
- KC 2.1.1 - Executive and Middle Management Commitm...
- KC 2.1.2 - Quality Champion
- KC 2.1.3 - New Behaviors for Management
- KC 2.2 - Quality Management Infrastructure
| clocksforwebFree! |
2 Comments:
Just-in-time inventory system is designed to ensure that materials or supplies arrive at a facility just when they are needed so that storage and holding costs are minimized. The just-in-time system requires considerable cooperation between the supplier and the customer. The customer must specify what will be needed, when, and in what amounts. The supplier must be sure that the right supplies arrive at the agreed-on time and location.
Just in Time, or JIT is a set of techniques to improve the return on investment of a business by reducing in-process inventory, and its associated costs. The process is driven by a series of signals, or Kanban that tell production processes to make the next part. Kanban are usually simple visual signals such as the presence or absence of a part on a shelf.
Just-in-time (JIT) is defined in the APICS dictionary as “a philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity”. It also has been described as an approach with the objective of producing the right part in the right place at the right time (in other words, “just in time”). Waste results from any activity that adds cost without adding value, such as the unnecessary moving of materials, the accumulation of excess inventory, or the use of faulty production methods that create products requiring subsequent rework. JIT (also known as lean production or stockless production) should improve profits and return on investment by reducing inventory levels (increasing the inventory turnover rate), reducing variability, improving product quality, reducing production and delivery lead times, and reducing other costs (such as those associated with machine setup and equipment breakdown). In a JIT system, underutilized (excess) capacity is used instead of buffer inventories to hedge against problems that may arise. JIT causes dramatic improvements in a manufacturing organization's return on investment, quality, and efficiency.
JIT applies primarily to repetitive manufacturing processes in which the same products and components are produced over and over again. The general idea is to establish flow processes (even when the facility uses a jobbing or batch process layout) by linking work centers so that there is an even, balanced flow of materials throughout the entire production process, similar to that found in an assembly line. To accomplish this, an attempt is made to reach the goals of driving all inventory buffers toward zero and achieving the ideal lot size of one unit.
The basic elements of JIT were developed by Toyota in the 1950's, and became known as the Toyota Production System (TPS). JIT was well-established in many Japanese factories by the early 1970's. JIT began to be adopted in the U.S. in the 1980's (General Electric was an early adopter), and the JIT/lean concepts are now widely accepted and used.
Post a Comment
<< Home