Just-in-time is a management philosophy and not a technique. Just in time is a
pull system of production, so it provides the necessary material only when required in the correct quantity and at the correct time.
It is a
manufacturing/delivery process where a minimum of goods are kept in stock.
Items are planned to arrive precisely at the time they are required for use or
The JIT system consists of defining the production flow and setting up the production floor such that the flow of materials as they get manufactured through the line is smooth and unimpeded, thereby reducing material waiting
The goal of JIT is to minimize the presence of non-value-adding operations and non-moving inventories in the production line. This will result in shorter throughput times, better on-time delivery performance, higher equipment utilization, lesser space requirement, lower costs, and greater
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Just In Time focuses on
1) Inventory Reduction
2) Quality Control
3) Waste Reduction
4) Smaller production lots
and batch sizes
JIT can also be referred as
an inventory strategy companies employ to increase efficiency and decrease
waste by receiving goods only as they are needed in the production process,
thereby reducing inventory costs.
Improsys's methodology is based on action learning model and real time