Eliminates of manufacturing waste, Business Management

JIT  is a management  philosophy  that  eliminates of manufacturing  waste  by production  the  right part in the right place at the right time. Waste results from any activity that adds cost without  adding value  should improve profits by reducing inventory levels ( increasing the inventory turnover rate)  improving product quality   reducing production and delivery lead times. And  reducing  other  costs ( such  as those associated with machine setup and equipment breakdown) . JIT concept applies  to repetitive  manufacturing processes in which  the same products and components are production  repetitively. The  general idea is to establish flow processes by linking work centres so that  there is an  even balance  flow of materials thought  the entire production process.

There are seven  kinds  of wastes according to shigeo,  shingo a recognized JIT authority and an  engineer at Toyota motor company.

Posted Date: 3/1/2013 2:38:34 AM | Location : United States







Related Discussions:- Eliminates of manufacturing waste, Assignment Help, Ask Question on Eliminates of manufacturing waste, Get Answer, Expert's Help, Eliminates of manufacturing waste Discussions

Write discussion on Eliminates of manufacturing waste
Your posts are moderated
Related Questions
At this stage as senior managers becomes committed and involved in preparing the plan for TQM implementation they start to : a. Point out the benefits of TQM for the o

Question 1: Leadership and management are two distinctive complementary systems of action. Both are necessary for the success in an increasingly complex and volatile business e

QUESTION 1 The following are six major types of systems that serve the various organizational needs: Executive Support Systems (ESS) Management Information Systems (MI

CREATE A MANAGER SUMMARY REPORT THAT INCLUDES HEAD COUNT AND SALARY BY MANAGER

Nature of Business Activity a) The fashion magazine is probable to contain text and coloured photos which bring in outlying greater value to the consumer than 100 pages of pap

QUESTION At the Seasons Inn . . . Bala is waiting in her supervisor's office. She has come to talk with Manoj about a problem concerning next week's staff schedule. Just aft

As CEO of SeaSpray Marine, Ron Greenwood knows it is important to control costs and to Respond quickly to changes in the highly competitive boat-building industry. When IDG Consult

You have been hired by Austrade to write a report advising on the attractiveness of Australia for manufacturing and service operations competitiveness. Your task will be to conduct

WHAT ARE THE FOUR STAGE IN PRODUCT LIFECYCLE

Assess the impact of fiscal and monetary policy on business organisations and their Activities?