JUST – IN - TIME

1
Introduction

JIT is inventory management technique

Invented by Taiichi ohno with aim of

meeting consumer demand with minimum
delay within toyota manufacturing plants

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)
2
Just In Time
It is an inventory strategy implemented to
improve the return on investment of a business by
reducing in-process inventory and its associated
costs.

New stock is ordered when stock reaches the re-

order level. This saves warehouse space and costs

A system of continuous supply of components,

parts and supplies, such that workers have what
they need, where they need it, when they need it.

3
Objectives 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.

4
Elements of JIT

 Quality
 Product and Process simplification
 Preventive Maintenance
 Flexible Workforce
 Continuous Improvement
 JIT Purchasing

5
Advantages of JIT

 Reduced Operating cost

 Reduced Set up times
 Consistency in scheduling and work hours
 Improved flow of goods
 Improved quality and performance
 Increased flexibility and innovativeness
 Improved delivery

6
Conclusion
 JIT is an effective technique to eliminate
waste and to improve profit margin

 Implementing JIT to the company assures

management a continuous improvement and
companies growth