“Just-in-Time (JIT)”

“Just-in-Time (JIT)”

“Just-in-Time (JIT)” Please respond to the following:

Develop three (3) examples that illustrate how a manufacturing company or a service company of your choice uses JIT, and then determine three to four (3-4) benefits of JIT for that particular organization. Discuss how the JIT concept differs between manufacturing and service companies. Provide specific examples to support your rationale.

 

 

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Just-In-Time
JIT manufacturing is a manufacturing framework that was first used by Toyota during the 1960s and 1970s (Monden, 2017). It was aimed at reducing the time that is taken within the production system. Reduction of time means that products produced could reach the market faster and the response times from the suppliers and customers would also be improved.

(630 words)

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