In the Nineteen Seventies, once Japanese producing firms were making an attempt to excellent their systems, Taiichi Ohno of Toyota developed a guiding philosophy for producing that decreased waste and improved quality. referred to as simply In Time (JIT), this philosophy advocates a lean approach to production, and uses several tools to attain this overall goal.
When things square measure prepared simply in time, they don't seem to be sitting idle and absorbing area. this suggests that they don't seem to be cost accounting you something to carry onto them, and they are not turning into obsolete or deteriorating. However, while not the buffer of getting things available, want to} tightly management your producing method so elements square measure prepared once you need them.
When you are doing (and JIT helps you do this) you'll be able to be terribly alert to client orders – in the end, you've got no stake in "forcing" customers to own one specific product, simply because you've got a warehouse choked with elements that require to be exhausted. And you've got no stake in Associate in Nursing attempt|attempting} to influence customers to require an obsolete model simply because it's sitting available.The key advantages of JIT are:
- Low inventory
- Low wastage
- High quality production
- High client responsiveness.
