Table of Contents Introduction Just-in-time is a new system created by Taiichi Ohno in Japan in the early 1970s at a Toyota car assembly plant. It was created to reduce cost and eliminate inventory. Basically the idea of JIT is to produce necessary items at the necessary time in the necessary quantity needed. It is a management philosophy and not a technique‚ which is associated with the management process and not the end-result. In other words‚ the idea is to supply materials
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Q1. Explain in brief the origins of Just In Time. Explain the different types of wastes that can be eliminated using JIT Ans. Just in Time (JIT) is a management philosophy aimed at eliminating waste and continuously improving quality. Credit for developing JIT as a management strategy goes to Toyota. Toyota JIT manufacturing started in the aftermath of World War II. Although the history of JIT traces back to Henry Ford who applied Just in Time principles to manage inventory in the Ford Automobile
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capital is becoming a major currency of modern commerce – Definition: The value of a firm’s network of relationships with its customers‚ suppliers‚ alliance partners‚ and internal sub-units • Companies are beginning to manage relationships‚ not just physical assets and intellectual property 2 Introduction • “Shrinking Core‚ Expanding Periphery” – As organizational boundaries are extended‚ organizational centers are shrinking • Companies are outsourcing more activities • Increase in partnerships
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Paper #1 Jimmy Wayland‚ five years a father and feels he has “missed the boat” (Hochschild 1997:126) on being a father. Jimmy had a child and thought his wife wanted to raise the child herself and therefore spent his time at work. In The Time Bind‚ by Arlie R. Hochschild‚ Jimmy Wayland is a stand out character who exemplified the neglect to take advantage of Amerco’s work-family balance programs. Jimmy’s reasons for not taking the work family balance programs were because of his beliefs and the
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Just in time (JIT) is described as a philosophy‚ managerial concept or manufacturing strategy. It achieved fame in the late 1970’s through Taiichi Ohno and is used in many companies till this day especially automotive industries. Just in time was originally a practice of the Toyota motor company in Japan. Chakravorty and Atwater 1995 (cited in Singh and Ahija‚ 2015) suggest that the fundamental of Just in time philosophy is continuous improvement in process through removal of all types of waste.
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Just in time production (JIT) Just in time is a ‘pull’ system of production‚ so actual orders provide a signal for when a product should be manufactured. Demand-pull enables a firm to produce only what is required‚ in the correct quantity and at the correct time. `Just-in-time ’ is a management philosophy and not a technique. It originally referred to the production of goods to meet customer demand exactly‚ in time‚ quality and quantity‚ whether the `customer ’ is the final purchaser of the
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Just-In-Time Manufacturing Just-In-Time manufacturing‚ commonly referred to as JIT‚ is a company wide philosophy aimed at eliminating a company ’s waste. Waste can be found in many forms. For example it can be defined in the material form such as plastic or metal scrap‚ or it can be defined in the administrative form as excessive overhead that slows production or adds an unnecessary expense. The basic theory behind JIT is a pull system that is driven by a demand of supplies. This results in
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| |Just in Time Manufacturing | |A Briefing Paper on the Just-in-Time Philosophy | | | Abstract Just-in-Time manufacturing
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Just-in-time Simulation Abilla‚ Pete. "Just In Time Inventory: Modeling The Impact of Variability with Monte Carlo Simulation." Shmula. Shmula‚ n.d. Web. 01 Mar. 2014. <http://www.shmula.com/just-in-time-inventory-variability-monte-carlo-simulation/9406/>. This website offers a good simulation of Just-in-time inventory controls and offers a Monte Carlo Simulator to show how just-in-time systems can work. Videos Saffold‚ Laura. "JIT (Just in Time Manufacturing)." YouTube. YouTube‚ 16 Oct. 2011.
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References: 1) Schniederjans‚.John R.Olson(1999) Advanced topics in Just in time. 2) Robert C (2005) Improving health care using Toyota lean production method. 3) Jane Marcean (1992) Reworking the world: oganisations‚ technologies and cultures in competitive perspectives. 4) Harold Kerzer (2006) Project management: A system
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