Just-in-Time manufacturing Systems | Violin Technologies - PowerPoint PPT Presentation

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Just-in-Time manufacturing Systems | Violin Technologies

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Just-in-Time manufacturing involves procuring inventory only when there is a requirement and not obtained in excess or advancement. For more details please visit – PowerPoint PPT presentation

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Title: Just-in-Time manufacturing Systems | Violin Technologies


1
What is Just-in-Time Manufacturing? Why Is It
Important?
www.violintec.com
2
  • Just-in-Time manufacturing involves procuring
    inventory only when there is a requirement and
    not obtained in excess or advancement.
  • Just-in-Time Manufacturing systems can
    drastically impact an organizations
    productivity, operating costs, and risk
    management.

3
  • The main aim of this method is to minimize
    inventory holding costs and maximize inventory
    turnover.
  • The JIT production method depends on consistent
    output, excellent craftsmanship, no equipment
    failures, and trustworthy suppliers for its
    success.

4
  • Main Principles Of JIT Manufacturing
  • Total Quality Management
  • Production Management
  • Supplier Management
  • Inventory Management
  • Human Resource Management
  • Cost efficient manufacturing

5
  • There are some of the benefits of a Just-in-Time
    inventory management system
  • Decreases Warehouse Holding Cost
  • Reduces Wastage of Inventory Costs
  • Local Sourcing
  • Control With The Manufacturer
  • Smaller Investments

6
  • There are a few of the quantitative advantages
    experienced by the manufacturers worldwide
    following JIT
  • Depleting in inventory
  • Reduction in space needed to operate
  • Limiting labor costs
  • Reduction in WIP (work in process)
  • Improvements in product quality (lower rates of
    defects)
  • Increase in production
  • Reduction of standard hours
  • Reduction of throughput time
  • Increase in number of shipments

7
  • JIT Inventory Methodology
  • The JIT inventory methodology uses different
    techniques to smooth operations.
  • The lean manufacturing method focuses on
    advancing organization, encouraging cell
    manufacturing and using a pull approach, paying
    attention to detail, having small lot sizes, and
    increasing transparency. 

8
For more details please visit https//www.violint
ec.com/
9
Your Global Contract Manufacturing and Sourcing
Partner
Thak You
THANK YOU
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