Thursday, September 26, 2019
Just in Time (JIT) today Essay Example | Topics and Well Written Essays - 2500 words
Just in Time (JIT) today - Essay Example Two companies, one automobile and one glass manufacturer who have adopted JIT & TOC technologies were analyzed. As the automobile company is in the niche market, JIT it very much the answer to its specific needs. In case of the manufacturer its manual operations went in favour of the TOC. It is an established fact that the Just-in-Time (JIT) based System is the answer to manufacturing assembly operations. JIT has lead to the development of what is known as Lean Manufacturing. It offers scope for reducing inventories and introducing ways and means to improve productivity by planning optimal use of resources. By elimination of all activities that do not add value and/or are safety nets, maximum use of scarce resources like capacity, manpower and capital becomes achievable. It also results in value addition for the customer, improved bottom line and enhanced productivity of employees. This is the ultimate objective of Lean Design While there are a variety of softwares available, the most suitable are those that have been adopted and perfected by the larger Automobile companies like Toyota Corporation. They are the pioneers of the Just-in-Time concept and have perfected it to an extent that has made them world class competitors to larger companies in the world. In contrast, other methods try to automate current business process and while implementing, there is a risk of simply automating the waste. With them quality is an issue that is left for other standards like ISO etc. For these reasons, Just in Time is now a widely adopted philosophy for focusing on customer value adding activities through eliminating wastes and striving towards continuous improvement. Lean Designs are based on JIT methods and are most popular today. An ARC Groupsââ¬â¢ strategy report authored by Simon Bragg (2004) suggests that today 36% of US manufacturers and 70% UK manufacturers ââ¬Å"are today using Lean as
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