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JIT & Kanban. Delightful Dom + Rigorous Ross + Marvellous Marky. KANBAN. Kanban is a scheduling system that helps determine what to produce, when to produce it, and how much to produce. It became an effective tool to support the running of the production system as a whole.
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JIT & Kanban Delightful Dom + Rigorous Ross + Marvellous Marky
KANBAN • Kanban is a scheduling system that helps determine what to produce, when to produce it, and how much to produce. • It became an effective tool to support the running of the production system as a whole. • Using the system can help highlight certain problems within the business.
JIT (just in time) • JIT stand for just in time • It is a production strategy that strives to improve profit by reducing in-process inventory and associated carrying costs. • It improves efficiency and saves time and cost, so it is time and cost efficient. • There is also JIC- just in case. Manufacturers need to maintain large inventories of supplies, parts, warehousing resources, and extra workers to meet production needs in case of any adverse conditions.
JIT • By using this, you have enough stock to sell so there are no left over stock sitting in the warehouse. • This saves the company using this system a lot of money, as they don’t have left overs sitting idle in the back. • Quality wise, you can get better quality products because there is no need to overstock. However, if you order something via JIT, and it’s failed, the process is delayed which costs time and loses money.
JIT in Different Situations • In situations using fresh produce such as fruit and veg who have a short sell by date, using this is good because you don’t have lots of stock lying around. • In situations using stock with longer length, it is good, as you don’t have stock lying around. This is good as you save money by being cost and time effective.