Explain JIT system of production. State its merits

Explain JIT system of production. State its merits
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1 Answer

Answer :

Just in time refers to the producing the part/component only when it is required. According to Just in time approach material is made available when it is demanded for further activities

Just in time assures

[1] Right material

[2] At right place

[3] At right cost

[4] At right time

[5] At right quantity

[1] JIT is a Production methodology which aims to improve overall productivity through elimination of waste and which leads to improved quality.

[2] JIT concept was implemented in Japan to eliminate waste of materials, machines, capital, manpower and inventory throughout the manufacturing system.

[3] JIT is a philosophy rather than a technique. By eliminating all wastes and seeking  continuous improvement, it aims at creating a manufacturing system that is responsive to the market needs.

[4] It was first developed and perfected within the Toyota Manufacturing Plants by Taichi Ohno as a means of meeting customer demands with minimum delays. For this reason Taichi Ohno is known as the father of JIT. 

Merits of JIT

[1] Reduce inventory level

[2] To eliminate unwanted costs associated with inventory

[3] To satisfy customer requirement

[4] To ensure production flow

[5] To optimize lead time
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