Just In Time:

The IT production was defined as producing only necessary units in a necessary quantity at a necessary
time resulting in decreased excess inventories and excess worldforce, thereby increasing productivity. It
was based on the principle of producing only what is needed and nothing more than needed JIT focuses
on continuous improvement.

TOYOTA MOTOR CORPORATION

 TOYOTA MOTORS is a Japanese automobile manufacturer headquartered in Toyota, Aichi,
Japan.
 November 2014, is the twelfth largest company in the world by revenue.
 Toyota was the largest automobile manufacturer in 2012(byproduction
 Toyota is the world’s first automobile manufacturer to produce more than 10million vehicles per
year
 As of July 2014, Toyota was the largest listed company in Japan by market zation and by
revenue.

CONCLUSION
 The JIT system was aimed at avoiding waste, reducing inventories and increasing production
efficiency
 JIT principles is respect for people or maintaining relationship at all levels, be it employees,
customers, suppliers or management.
 Success of JIT depends on identification of what the customer needs and fulfilling the request in
the best possible manner.

Advantages of JIT
 Production flexibility
 Quick response to customers Demand
 High quality products at low pitces for customers
 Customer satisfaction
 Low inventory investment
 Early detection of quality problems
 small lot sizes
 Low cost of production
 shortened lead times
 Employee empowerment
 increased supplier relations.