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Just In Time Technique


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Published in: Economy & Finance, Business

Just In Time Technique

  1. 1. Just in time PAWAN SEHRAWAT (VOLTAS LTD.)
  2. 2. Just in time Just In Time is an optimal material requirement planning system for a manufacturing process in which there is little or no manufacturing material inventory on hand at the manufacturing site and little or no incoming inspection.
  3. 3. Just in time Leading Japanese companies attribute their success in reducing waste and speeding production to the implementation of so called Just In Time ( JIT ) methods of working. It is also known as stockless production because the aim is to receive supplies and manufacture components Just in time for next operation. In JIT, the ideal inventory is one.