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A Research paper on "Just in time Manufacturing"
Research Paper On "Just In Time (Jit) Manufacturing"
Length: 5 pages (1417 Words)
Just-in- time (JIT) Manufacturing
Just In Time or as abbreviated JIT is a strategy that companies employ hoping to increase the efficiency and altogether decrease the waste they produce. They do this by receiving goods only as needed in production processes. The general advantage of this inventory technique is seen in the reduction of inventory costs.
In the company’s strategic inventory plan, actual guidelines state what is to be manufactured. This will ensure that the exact quantity of products is produced. The production needs strict procurement policies and a steadfast manufacturing process to achieve the required goals....