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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 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 • 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
Advantages • Lower stock holding • Your product is almost sold when you product it. • Lower cost
Disadvantage • Big amount of traffic • Custom and spedition problems • Un ecological
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.
Thank you Good bye