JIT and Lean Manufacturing-59p.pptVIP

Chapter 12 Just-In-Time and Lean Manufacturing Overview The Just-in-Time Manufacturing Philosophy Prerequisites for JIT Manufacturing Elements of JIT Manufacturing Benefits of JIT Manufacturing Success and JIT Manufacturing JIT in Services Wrap-Up: What World-Class Companies Do APICS Definition of JIT “A philosophy of manufacturing based on planned elimination of waste and continuous improvement of productivity ……” APICS Definition of JIT “The primary elements of Just-in-Time are: to have only the required inventory when needed; to improve quality to zero defects; to reduce lead times by r