Production and Operations management

1. APPLE
PRESENTED BY : POORVA VYAS
(MBA SEM II)

2. • PROFILE OF APPLE.
• WHAT IS JUST IN TIME (JIT)?
• JIT MANUFACTURING TECHNIQUE
AAPLIED BY “APPLE”.
• CONCLUSIVE NEWS
• CONCLUSION.
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3.  Apple Inc. is an American multinational technology
company headquartered in Cupertino, California.
 It designs, develops, and sells consumer
electronics, computer software, and online
services.
 Its hardware products include the iPhone
smartphones, the iPad tablets computer, the Mac
personal computer, the iPod portable media player,
the Apple Watch smartwatch, etc.
 Founded by Steve Jobs, Steve Wozniak, and
Ronald Wayne in April 1976 to develop and sell
Wozniak's Apple I personal computer
One of the Biggest Five companies in the
U.S. information technology industry.
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4.  Also known as : JIT manufacturing technique, JIT
manufacturing strategy, JIT inventory management system
and Toyota production system.
 It is an inventory management system used to manage the
stock that is kept in storage.
 It involves receiving goods from the supplier as and when
required rather than carrying large inventory at once.
 This method requires procedure of forecast demand
accurately.
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7.  Tech giant Apple has also leveraged JIT principles to make its manufacturing process a
success.
 Apple’s approach to JIT is different in that they leverage their suppliers to achieve JIT
goals.
 Apple has only one central warehouse in the US and about 150 key suppliers worldwide;
they developed strong and strategic relationships with their vendors.
 This outsourcing of production made Apple leaner and resulted in slashing costs and
reducing overstock.
 With only one central warehouse in the US, most of their inventory is at their retail
stores. Adding further to the JIT mix, Apple began to take advantage of drop shipping.
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8. https://www.theverge.com
/2020/3/13/21177024/apple-
just-in-time-
manufacturing-china-
coronavirus-supply-chain
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10. BIG IMAGE
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Reduced the shipping costs, wastage, and storage
costs.
 Important factors to Apple’s success
a) A willingness of suppliers to keep inventory on hand
allowing Apple to be free of this responsibility
b) Holding inventory at their retail stores
c) Drop shipping arrangements for online purchases