edf40wrjww2CF_PaperMaster:Desc
In this paper, we tried to present an overview on the Just In Time practices and how it originated and what it involves from goals and objectives; that would make organizations all over the world apply the concept while aiming at enhancing it's production, minimizing costs and thus generating more revenues.
We also tackled Toyota- Car Manufacturing Company as a case study for being one of the very first manufacturers who gave up old traditional manufacturing practices and started implementing JIT.
Paper Outline:
1- Introduction; History of JIT
2- Elements of JIT
3- Goals of JIT
4- Transitioning to a JIT System
A) Planning a Successful Conversion
B) The Downside of Conversion to a JIT System
C) Obstacles to Conversion
5- Effect of Just-In-Time Purchasing Relationships
6- JIT accounting: Decrease Costs vs. Increased efficiency
7- JIT Manufacturing Planning & Control
8- Example; General Motors
9- Case Study: Toyota car manufacturer
10- Conclusion
Introduction
The principle of Just in time (JIT) is to eliminate sources of manufacturing waste by getting right quantity of raw materials and producing the right quantity of products in the right place at the right time. The main purpose of this project is to provide information to the people who is interesting in knowing JIT. ( Of course, the main intend users are students in this course.)
1. History of Just in Time
Just-In-time manufacturing, or JIT, is a management philosophy aimed at eliminating manufacturing ...