on 12-12-2007 1:18 PM
what is meant by just in time - JIT?
Dear deva
Just-in-time (JIT) manufacturing is a process by which companies don't keep lots of excess inventory; instead, they manufacture a product as an order comes in.
JIT is an important topic for manufacturers. Companies that employ it effectively can decrease their inventories and increase overall efficiencies. Decreasing inventory allows companies to decrease waste, which saves lots of money; however, this often comes at the cost of slower completion times to fill orders.
Thanks
G. Lakshmipathi
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Deva,
Check the following links
http://en.wikipedia.org/wiki/Just_In_Time_(business)
http://www.valuebasedmanagement.net/methods_jit.html
Regards
Nadarajah Pratheb
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
89 | |
7 | |
6 | |
3 | |
3 | |
3 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.