PRODUCTIVITY IMPROVEMENT Productivity Improvement is a challenge to every Industry. As we know Change is constant‚ so is the demand and requirement of customers. At the same time competition is fierce and is also changing. There has to be continuous efforts for productivity Improvement so as to sustain and grow. Productivity Improvement means efficiency improvement at all stages ie.‚ Manpower‚ energy‚ machinery‚ Process & money etc.‚ The profit of any Company depends upon Productivity.
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Pg1Pg1 JUST IN TIME PRODUCTION JUST IN TIME PRODUCTION A PROJECT REPORT Under the guidance of Mr. Deepak Dhuri & Rajesh Gujrathi Submitted by SANJAY KUMAR JHA (Registration No: 510916614)
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In the article‚ “Chrysler Averts a Parts Crisis‚” by Jeffrey Ball‚ in the Wall Street Journal‚ readers get a small glimpse of how major businesses utilize just-in-time systems and how they may be impacted during a national crisis such as September 11th. Just-in-time is getting the right quantity of goods to the right place exactly at the right time. The goal is to get products at a certain place not too early and not too late‚ instead‚ just-in-time.(1) Just-in-time systems is an inventory strategy
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1 Page 1 1. (TCO 12) _____ is the objective under JIT and time-based competition. 2. (TCO 2) Which of the following lead-time elements can be compressed into one well-designed PAC system? 3. (TCO 3) What happens to inventory as the number of kanban cards increases? 4. (TCO 1) In managing supplier relations‚ which of the following is a beneficial setup? 5. (TCO 6) When linking marketing requirements and manufacturing strategy‚ what design approaches for shop floor system should be considered
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Note02: Basics of OM 7 Push vs. Pull • Push system: customers • Pull system customers Note02: Basics of OM 8 JIT and Pull system in practice • Global Fulfillment Network in Dell Note02: Basics of OM 9 Kanban Systems • Purpose of a Kanban System 1. 2. 3. 4. Authorize production Authorize movement. Limits amount of inventory in the system. A tool for driving continuous
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14-1 JIT and Lean Operations Operations Management William J. Stevenson 8th edition 14-2 JIT and Lean Operations CHAPTER 14 JIT and Lean Operations McGraw-Hill/Irwin Operations Management‚ Eighth Edition‚ by William J. Stevenson Copyright © 2005 by The McGraw-Hill Companies‚ Inc. All rights reserved. 14-3 JIT and Lean Operations JIT/Lean Production • Just-in-time (JIT): A highly coordinated processing system in which goods move through the system‚ and
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Toyotas JIT Revolution 1. The JIT production system was one of the most significant production management approaches of the post WWII era. Discuss in detail‚ the concept of the JIT and its advantages. The implementation of the JIT (Just in Time) system implemented by Toyota‚ is to make the production process more effective in time and costs. The strongest point of the JIT system is to eliminate inventory‚ to reduce the transportation in between production places. "Just-in-Time" means making
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LEAN OPERATIONS & JIT Lean Operations – moving towards the elimination of all waste in order to develop an operation that is faster more dependable‚ produces higher quality products and services and operates at a low cost. In general‚ Lean can be viewed as a philosophy of operations management‚ i.e. it gives a clear view which can be used to uide the way operations are managed in many different contexts. Several techniques are used to support this philosophy. (JIT techniques) The Lean approach
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Just-In-Time Manufacturing Just-In-Time manufacturing‚ commonly referred to as JIT‚ is a company wide philosophy aimed at eliminating a company ’s waste. Waste can be found in many forms. For example it can be defined in the material form such as plastic or metal scrap‚ or it can be defined in the administrative form as excessive overhead that slows production or adds an unnecessary expense. The basic theory behind JIT is a pull system that is driven by a demand of supplies. This results in
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QUESTION 1 Using the specific operations performance objectives explain why do you thing TMC is a world-class company? A company should be concerned to satisfy its customers’ requirements for fast and dependable services at reasonable price‚ as well as helping its own suppliers to improve services they offer. There are five basic performance objectives and they apply to all types of operation: • Quality • Speed • Dependability • Flexibility • Cost (Slack‚ N. et
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