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JUST IN TIME

JUST IN TIME. Roman MALÝ. What is it ?.  Production strategy Also called as TPS (Toyota Production System) In 1926 was used in Japan. Improves production. Philosophy. Inventory=Waste Expose hidden cost Do not waste your time Premium quality of your gods. JIT Strategy.

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JUST IN TIME

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  1. JUST IN TIME Roman MALÝ

  2. What is it ? •  Production strategy • Also called as TPS (Toyota Production System) • In 1926 was used in Japan. • Improves production

  3. Philosophy • Inventory=Waste • Expose hidden cost • Do not waste your time • Premium quality of your gods

  4. JIT Strategy • Production planned by orders. • Motivating people • Make sure your production is premium quality • Very often supplies (x times a day) • Small production series • Prevent from loss

  5. Advantages • Lower stock holding • Your product is almost sold when you product it. • Lower cost

  6. Disadvantage • Big amount of traffic • Custom and spedition problems • Un ecological

  7. How to implement JIT • You have to have good relationship with your suppliers • You have to trust each other. • You have to have good infrastructure in your country • You have to choose good business partners. • You have to place your factory to good position.

  8. Thank you Good bye

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