Just In Time system (JIT) was developed at the Toyota Motor company in Japan in the mid- 1970s by Taiichi Ohno and several of his associates. The roots of JIT system can be traced to the Japanese environment wherein lack of space and lack of natural resources necessitated efficiencies in processes and the use of limited natural resources. Thus the Japanese have developed an aversion to waste of any type‚ whatever it may be. Scrap and rework were also considered waste and thus they strive for perfect
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Definitions in Operations Management OPERATIONS: Any activity that transforms and adds value to an input stream. The input stream can be a physical entities‚ services‚ or flows. The valued added transformation produces products or services that are designed to meet a customer demand. Operations range from processing loan applications to production of computers‚ to designing buildings. FLOW SHOP: An operation that produces products at volume in a continuous flow or by a well-defined‚ connected
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IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X‚ p-ISSN: 2319-7668. Volume 9‚ Issue 3 (Mar. - Apr. 2013)‚ PP 79-84 www.iosrjournals.org Minimization of waste by applying value stream mapping in the supply chain of cement industry Abu Md. Saifuddoha1‚ Md. Ahasan Habib2‚ Sohana Yasmin Sumi3‚ Md. Jennurine4‚ Md. Saiful Islam5 1 (Student of IEM Department‚ KUET‚ Bangladesh) (Lecturer of IEM Department‚ KUET‚ Bangladesh) 3 (Student of IEM Department‚ KUET‚ Bangladesh)
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EXECUTIVE SUMMARY The philosophy of just-in-time (JIT) originated in Japan 50 years ago at Toyota Motor Co. The goal is to create a production environment driven by demand that holds only a small amount of inventory and products at any given time. Organizations in the manufacturing‚ service and public sectors are implementing a wide variety of innovative managerial tools and JIT philosophy to help them deal with the highly competitive‚ customer-driven environments in which they must operate. External
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* Value Analysis is a step by step approach to identify the function of a product‚ process‚ system or service; * To establish a monetary value for that function and then provide the desired function at an overall minimum cost without affecting any of the existing parameters like Quality‚ Maintainability‚ Productivity‚ Safely and other performance characteristics. Importance * Value analysis helps the employees to better understand their jobs. * Value analysis reduces the cost of the
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Lean Operations Lean is a philosophy of manufacturing that emphasizes the minimization of the amount of all resources (including time) used in operations of the company. Operations processes are considered to be Lean when they are very efficient and have few wasted resources. The elimination of WASTE is actually the defining principle of Lean. By eliminating waste of all sorts in the system‚ the lean approach lowers labour‚ materials‚ and energy costs of production. Lean also emphasizes building
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Kanban vs Scrum H ow to make the most of both Henrik Kniberg henrik.kniberg crisp.se Version 1.1 (2009-06-29) Deprecated version! Latest version is available at http://www.infoq.com/minibooks/kanban-scrum-minibook Backlog Develop Selected 3 2 Ongoing Done FLOW Deploy 1 Live :o) Kanban vs Scrum – how to make the best of both (Henrik Kniberg) Deprecated version! Latest version is available at http://www.infoq.com/minibooks/kanban-scrum-minibook This book has
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CYCLERMATE REPORT I. Introduction of Cyclermate Lewis Llewellyn and Dai Armstrong were the first two men who made a plan of opening their own company after being redundant as the consequence of the closure of their town’s steel works in South Wales. Both of them belonged to the local cycle touring club and since then‚ they had become close friends. With the idea of making a traditional upright cycle in sharp of the 1940’s and 1950’s‚ Cyclermate Ltd has been established and quickly gained success
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and Quality control system 6. Human Resource Q.3 How has the 100 Yen Sushi House incorporated the just-in-time system into its operations? 1. Receives fish only when it is needed 2. Making quality the responsibility 3. 100 Yen also uses a kanban system Q.4 Suggest other services that could adopt the 100 Yen Sushi House service delivery concept. 1. Baking cookies for shopping mall customers‚ 2. Delicatessen restaurants‚ 3. Specialty cafes and bars that are located close to their suppliers
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Economic Order Quantity vs. Just-in-time Inventory Models Bettina Bradshaw Susan Day Tameka S. Levy Accounting April 20‚ 2011 There are several models that have been developed to deal with the trade-off between ordering and carrying costs of inventory. The two that will be discussed is the Economic Order Quantity (EOQ) model and the Just-in-time (JIT) model. First‚ the history and definition of the theories will be discussed. Secondly‚ there will be a comparison of these two models presented
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