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What is the method 'Just in Time'? |
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| World & Business - Finance | |||
| Tuesday, 07 August 2012 11:11 | |||
The method just in time (English translation of Just in Time) is a system of organization of production for factories, of Japanese origin. Also known as Toyota or JIT method allows to increase productivity. Reduces the cost of managing storage and losses due to unnecessary actions.Companies such as Inditex use this method which saves the storage of over-stock, what does this mean? manufactures what you will sell a very small margin in-store and warehouse, and why? In economics, everything is measured and all can be posted with money, and space and time as well. Do not skimp on production machinery. We work according to working time, nothing more. Reduced completion time of a product, which consists of four components:
Let's see how it works
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