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    Just in Time Method

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    Manish Kumar Sinha
    The Just in Time (JIT) production method strives to improve business returns by reducing inventory costs through producing and delivering only what is needed for production. Benefits of JIT include reduced setup times, improved flow of goods from warehouse to shelves, more efficient use of multi-skilled employees, and production scheduling synchronized with demand. Companies that follow similar JIT approaches include Toyota, Dell, and Harley Davidson.

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    Just in Time Method

    Uploaded by

    Manish Kumar Sinha
    29 views6 pages
    The Just in Time (JIT) production method strives to improve business returns by reducing inventory costs through producing and delivering only what is needed for production. Benefits of JIT include reduced setup times, improved flow of goods from warehouse to shelves, more efficient use of multi-skilled employees, and production scheduling synchronized with demand. Companies that follow similar JIT approaches include Toyota, Dell, and Harley Davidson.

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    The Just in Time (JIT) production method strives to improve business returns by reducing inventory costs through producing and delivering only what is needed for production. Benefits of JIT include reduced setup times, improved flow of goods from warehouse to shelves, more efficient use of multi-skilled employees, and production scheduling synchronized with demand. Companies that follow similar JIT approaches include Toyota, Dell, and Harley Davidson.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    29 views6 pages

    Just in Time Method

    Uploaded by

    Manish Kumar Sinha
    The Just in Time (JIT) production method strives to improve business returns by reducing inventory costs through producing and delivering only what is needed for production. Benefits of JIT include reduced setup times, improved flow of goods from warehouse to shelves, more efficient use of multi-skilled employees, and production scheduling synchronized with demand. Companies that follow similar JIT approaches include Toyota, Dell, and Harley Davidson.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    Submitted By : Manish kumar Central university of Jharkhand

    What is Just In Time Method.?


    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. Justin-time production method is also called the Toyota Production System.

    Benefits.
    Reduced setup time.
    The flow of goods from warehouse to shelves improves.

    Employees with multiple skills are used more efficiently.


    Production scheduling and work hour consistency

    synchronized with demand. Increased emphasis on supplier relationships. Supplies come in at regular intervals throughout the production day.

    Business models following similar approach..


    Vendor-managed inventory

    Customer-managed inventory

    Some of the Companies following JIT Methods.


    Toyota

    Dell
    Harley Davidson

    Thank You.

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