Just-in-time (JIT) inventory control aims to reduce in-process inventory by having materials arrive just as they are needed in manufacturing. JIT is most successful for repetitive manufacturing companies that can accurately forecast sales and produce standardized products from reliable vendors on schedule. Key elements of JIT include eliminating waste, problem solving, reducing inventory, and purchasing materials just in time for production through small, frequent lots.

1. JUST IN TIME Er.Sartaj Singh Bajwa

2. Just-in-Time Inventory Control To achieve greater efficiency in the production process, organizations have tried to have less in-process inventory on hand This is known as JIT inventory The inventory arrives just in time to be used during the manufacturing process Er.Sartaj Singh Bajwa

3. Pre-Requisites Of JIT Main objective is to reduce WIP To reduce lead time Successful only in repetitive manufacturing companies in which material flow is continuous Accurate sales forecast need to be there Standardized products are manufactured to reduce time and cost Reliable vendors who can deliver quality material on time Er.Sartaj Singh Bajwa

4. Elements Of JIT Eliminating the waste Enforced problem solving and continuous improvement TQM Parallel processing JIT Purchasing Reduce inventory Er.Sartaj Singh Bajwa

5. Points to be kept in mind before implementing JIT manufacturing Creating uniform work load on all work centers Reduce lot sizes Reduce lead time Preventive maintenance Flexible workforce Require supplier quality assurance Small lots Er.Sartaj Singh Bajwa