inventory system enables companies to fill customer orders when ordered.
may entail exchanging technical information and staff with suppliers and customers.
In this JIT
system, independent units (IU) are linked with conveyor lines (CL) conveting many discreete operations into a lean and continuos linear manufacturig cell.
YES, MINISTER: Jit
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Application of JIT
to reduce inventory is only a small fraction of the full potential benefits of a JIT
system (Blackburn, 1991; Gilbert, 1994; Towner, 1994).
Mills with adequate inventory could wait for prices to subside but JIT
mills had to stay in the market, causing their average purchase price to escalate.
The book offers practical "how-to" instruction on the implementation of ESP, including coverage of the management system and production scheduling for supplier organizations, case studies featuring ESP implementation, and guidance on when and where the ESP system is more effective than JIT
The role of transportation in JIT
is especially critical when long supply line logistics channels are involved.
Today, they are being used not only as a part of standard JIT
systems but also as independent purchasing systems.
Under the JIT
concept activities such as moving parts, waiting for parts, machine setup, and inspection are referred to as non-valued added activities.
While both JIT
concepts and automation programs have been widely implemented and highly successful in large manufacturing companies, many smaller manufacturing companies have wondered whether it would be economically feasible to utilize these same techniques and derive these same benefits.
Companies that have already developed true JIT
capabilities are reaping the rewards not only in higher productivity but in more jobs with higher profit margins.