Just in Time (JIT)

Abstract

Managing the arrival of material to the production floor by using JIT methodology, schedules its arrival to exactly when it is needed on the production. In order to achieve exact material and ‘just in time’ arrival, we need detailed planning and knowledge on the length of time required for production of the part as well it’s vendor’s production capabilities. Since there may be daily fluctuations in the product’s demand, communication between the production floor, the supply chain and the vendor is essential in order to keep the arrival of material to the production JIT. When applying the JIT methodology we need to consider the size of the material and its value. Although it requires professional systems and knowledge, in order to avoid risk to the Assurance of the Supply, the JIT methodology is one of the most effective methodologies for keeping inventory low.