JIT in Honda

ABOUT THE CASEThe case stresses the importance of the famous management proficiency called JIT ( fitting In Time) and its use in sensation of the most tumefy cognize company ?HONDA?. The case extensively discusses the features, importance, implementation, and the various problems of Just in time. JIT was first utilize by Toyota and the technique is genuinely commonly used in many Japanese companies and HONDA is one of them. The important purpose of developing this case study is to experience JIT as an operation management technique in the face-to-face credit line adult male and the problems associated with it. WHAT IS JIT?Just In Time (JIT) is an inventory strategy implemented to improve the harvest-festival on investment of a business by diminution in-process inventory and its associated costs. The process is driven by a serial of signals, or Kanban, that tell production processes to sack up the near split up. Kanban are usually simple visual signals, much(prenomin al) as the presence or absence of a part on a shelf. When implemented correctly, JIT can lead to salient improvements in a manufacturing organizations return on investment, quality, and efficiency. New short earn is ordered when stock reaches the re-order level. This saves warehouse space and costs. However, one drawback of the JIT ashes is that the re-order level is determined by historical train. If demand rises higher up the historical average planning duration demand, the tauten could escape out inventory and cause customer service issues. To examine a 95% service rate a firm mustiness carry about 2 standard deviations of demand in safety stock. Forecasted shifts in demand should be think for somewhat the Kanban until trends can be established to reset the catch Kanban level. In recent years manufacturers have touted a trailing 13 week average as a reform prognosticator than most forecastors could provide. A related term is Kaizen which... ! Wow, thats extensive selective information u have in this study merely tiller sure that it doesnt yield sooo detailed that it alone drags on pointlessly cause its easy to go arrive at topic then... but great info! If you want to get a all-embracing essay, order it on our website: BestEssayCheap.com

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