Just-In-Time (JIT):

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Offline sajib

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Just-In-Time (JIT):
« on: August 24, 2015, 10:49:32 AM »
Just-In-Time (JIT):

Just In Time (JIT) systems focus on reducing inefficiency and unproductive time in the production process and improve continuously the quality of the product and service. JIT is also based on the logic that nothing will be produced until it is needed. Employee involving and inventory reduction are essential to JIT operation.

Benefits of JIT:

•   Inventory levels are drastically reduced

•   Product quality is improved and the cost of scrap is reduced. Product quality improves because the worker solves the causes of production problem.

•   Less space is taken up with inventory and materials handling equipment

•   Because it focus on manufacturing and correcting the courses of production problems, manufacturing operation are problem free.

•   The time it takes products to get through the factory is greatly reduced.
Kamrul Hossain Sajib
Assistant Controller of Examination
Daffodil International University

Offline ummekulsum

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Re: Just-In-Time (JIT):
« Reply #1 on: September 09, 2015, 01:16:03 PM »
this is a very  modern technology in inventory counting...