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Justintime and lean thinking
Learning outcomes
At the end of this lecture, students should be able to
Understand the concept of Just-in-time
Identify and address three major issues managers must address
Differentiate between push and pull scheduling
Understand the Lean thinking concepts and how it can be applied to cutting waste out of supply chains
Justintime
Key issues
What are the implications of Just-in-time 1 for logistics?
How can just-in-time principles be 2 applied to other forms of material
control such as reorder point and
material requirements planning?
JustInTime (JIT) Powerful strategy for improving operations
Materials arrive where they are needed when they are needed
Identifying problems and driving out waste reduces costs and variability and improves throughput
Requires a meaningful buyersupplier relationship
Just-in-time
Good production systems require that managers address three issues that are pervasive and fundamental to operations management: eliminate waste, remove variability, and improve throughput
Justintime: A definition
Justintime is actually a broad philosophy of management that seeks to eliminate waste and improve quality in all business processes.
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