JIT: Just-In-Time Manufacturing.
Title: JIT: Just-In-Time Manufacturing.
Category: /Business & Economy/Management
Details: Words: 505 | Pages: 2 (approximately 235 words/page)
JIT: Just-In-Time Manufacturing.
Category: /Business & Economy/Management
Details: Words: 505 | Pages: 2 (approximately 235 words/page)
Just-In-Time is the practice that requires the consumption of resources at the last possible moment relative to production for customer demand. This requires the elimination of all waste - all the non-value added activities that take place in the total manufacturing, distribution and purchasing processes.
The emphasis of a J-I-T program is on minimization of warehousing costs/reduced inventories, frequent shipments and short delivery lead times. Management must adopt a method of inventory control which
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to customer-driven/just-in-time production cycles; and mass-customization complexity.
Global businesses need communications beyond their plants and warehouses with customers' transportation providers, suppliers, government agencies and customer service providers. Such is the case with the Chrysler experience. With good business practices and relationships established through the J-I-T transportation provider, Canadian Pacific Railway Company, they were able to revert to a "shuttle plan" for delivering goods via the tunnel if the Ambassador Bridge where to become inaccessible.