just in time

Topics: Inventory, Management, Lean manufacturing Pages: 3 (555 words) Published: February 2, 2014
Just In Time

Date:
Student name:
Student number:
Tutor name:

Table of contents:

1.0 Introduction and definition
2.0 Background
3.0 Benefits and limitations
4.0 Management skills
5.0 Conclusion
6.0 Reference list

1. Introduction and definition
Just-in-time (JIT) is a management philosophy that devote to avoid sources of manufacturing waste by producing the right part in the right placeat the right time(Hutchins, 1999).The JIT system results in much less inventory, lower cost (including both holding cost and ordering/setup cost to be lower at the same time) and better quality than those traditional approaches. The aim of this paper is to explain how the JIT developed and show some detailed investigation briefly.

2. Background
Just In Time is a Japanese manufacturing management method developed in 1970s. It was first adopted by Toyota manufacturing plants by Taiichi Ohno(Hutchins, 1999). The main concern at that time was to meet consumers’ demands. After the first introduction of JIT by Toyota, many companies followed up and around mid 1970s’, it gained extended support and widely used by many companies. The main reason for developing JIT is that the existing system did not manage well for fast delivery request, sothere was a need to have a faster and reliable delivery system in order tohandle customers’needs.

3. Benefits and limitations
To make the inventory level to achieve zero-inventories isone of the most obvious benefits of JIT. Meanwhile, the operational efficiency can be improved dramatically in virtue of maximum using the working force(Rene T Domingo, 2003). However, regardless of the great benefits of JIT, it has its limitations. First of all, the culture of various firms is different. There are maybe some cultures become successful by using JIT, but it is difficult for a company to change its culture within a short time. Secondly, some companies which rely on safety stocks may have a problem with the use of JIT....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on Just in Time
  • Just In Time Production At HewlettPackard Essay
  • Essay about Just-in-Time Supply Chain Managment Systems and Chrysler Auto
  • Just in Time Analysis Essay
  • Stock Management Just in Time and Lean Production Essay
  • Just in Time Essay
  • Essay on Just in Time
  • Just in Time Essay

Become a StudyMode Member

Sign Up - It's Free