The document discusses Just-In-Time (JIT) manufacturing. JIT aims to produce goods with the shortest lead time, lowest inventory levels, and least waste. Key elements of JIT include respecting employee contributions, strong supplier relationships, demand-pull systems, kanban pull signals, and reduced setup times. The document also provides an example of Bajaj Auto, an Indian motorcycle company that classifies components into A, B, and C categories and applies different JIT and inventory strategies to each category based on value and criticality.
The document discusses Just-In-Time (JIT) manufacturing. JIT aims to produce goods with the shortest lead time, lowest inventory levels, and least waste. Key elements of JIT include respecting employee contributions, strong supplier relationships, demand-pull systems, kanban pull signals, and reduced setup times. The document also provides an example of Bajaj Auto, an Indian motorcycle company that classifies components into A, B, and C categories and applies different JIT and inventory strategies to each category based on value and criticality.
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Attribution Non-Commercial (BY-NC)
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Baixe no formato PPT, PDF, TXT ou leia online no Scribd
The document discusses Just-In-Time (JIT) manufacturing. JIT aims to produce goods with the shortest lead time, lowest inventory levels, and least waste. Key elements of JIT include respecting employee contributions, strong supplier relationships, demand-pull systems, kanban pull signals, and reduced setup times. The document also provides an example of Bajaj Auto, an Indian motorcycle company that classifies components into A, B, and C categories and applies different JIT and inventory strategies to each category based on value and criticality.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PPT, PDF, TXT ou leia online no Scribd
that attempts to produce with the shortest possible lead time, the lowest possible level of inventory, and lowest possible waste.” JUST-IN-TIME ( JIT )
JIT refers to zero inventory*
operation. It is continuous process it seeks eliminating raw material stock and finished goods stock.
*zero inventory means not zero
days but two days inventory. Key element of JIT :-
Respect for the contribution that
employees can make. Good relationship with suppliers. A demand pull system in which material only flows when needed. Kanban :- A Japanese method of controlling the movement of materials through a JIT system. Reduction of set up times. BAJAJ AUTO ABC and JIT This is a 3500 crore company. It uses 3000 and odd components in manufacturing its products. It classifies these components in A, B, and C category. The company applies different purchasing strategies to each category. Classification of components :
“A” “B” “C”
category category category
High value Medium value Low value
Rs.1000 Between Below And plus Rs.500-1000 Rs.500 Company applies different purchasing strategies to each category. “A” “B” “C” category category category
JIT is used These items These
to make are ordered items are deliveries . once a ordered These items fortnight. The monthly. have never inventory is an inventory maintained exceeding for one one week. week.