Resource title

Lean Manufacturing and Just-in-Time Production

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image for OpenScout resource :: Lean Manufacturing and Just-in-Time Production

Resource description

Associated with Japanese management techniques, just-in-time production (JIT) is a set of principles and practices based on the philosophy that firms should hold little or no inventory beyond that required for immediate production or distribution. That is, a manufacturer should receive raw materials or parts from its suppliers perhaps just hours before they will be used in production, and the firm's output should be shipped to its customers as soon after completion as possible—without holding onto a stock of either raw goods or finished products.

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en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/management/Int-Loc/Lean-Manufacturing-and-Just-in-Time-Production.html

Resource license

Copyright © 2011 Advameg, Inc.