JIT
Just In Time
TRANSLATION
JIT = Abk. für Just In Time. JIT, oder fertigungssynchron, bezeichnet in der Materialwirtschaft ein Konzept zur Materialbereitstellung, das auf die Verkleinerung der Zwischenlager und eine allgemeine Rationalisierung des Produktionsprozesses abzielt. (Wikipedia.de) --- GOOGLE INDEX JIT: approximately 6,000,000 hits
STATISTICS
IN THE PRESS
Just-in-time (JIT) production should help Fashion House plc minimise wastage. If clothes are produced and left to accumulate as stocks, they are likely to get damaged, to go out of fashion or be stolen
(bb.co.uk)
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Changan Minsheng APLL Logistics Co., Ltd. owns and manages 20 professional regional distribution centers for car components and parts with a total area of over 200,000 square metres, which has an annual JIT distribution capacity of car components and parts for over 800,000 cars.
(www.cnnmoney.com)
(bb.co.uk)
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Changan Minsheng APLL Logistics Co., Ltd. owns and manages 20 professional regional distribution centers for car components and parts with a total area of over 200,000 square metres, which has an annual JIT distribution capacity of car components and parts for over 800,000 cars.
(www.cnnmoney.com)
Did you
know?
JIT
Acronym
- Just In Time or just-in-time
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WORD ORIGIN
A production and inventory method whereby materials and products are delivered to the production site or retail outlet at the precise time they are needed or sold rather than being stockpiled in a warehouse. The process was made popular by Toyota Motor Corporation.
When Toyota set up an automobile manufacturing operation in the 1930s, Kiichiro Toyota, the founder's son, headed the new venture. He travelled to the United States to study Henry Ford's system in operation. He returned with a strong grasp of Ford's conveyor system and an even stronger determination to adapt that system to the small production volumes of the Japanese market.
Kiichiro Toyota's solution was to provide the different processes in the assembly sequence with only the kinds and quantities of items that they needed and only when they needed them. Production and transport took place simultaneously and synchronously throughout the production sequence — inside and between all the processes.
Kiichiro thus laid the groundwork for just-in-time production, and is credited with coining the term.
(sources: Toyota Motor Corp.)
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IMPRESS YOUR FRIENDS TODAY
say something like:
"Since implementing a JIT process, we've reduced production costs by more than 15 percent."
Acronym
- Just In Time or just-in-time
---
WORD ORIGIN
A production and inventory method whereby materials and products are delivered to the production site or retail outlet at the precise time they are needed or sold rather than being stockpiled in a warehouse. The process was made popular by Toyota Motor Corporation.
When Toyota set up an automobile manufacturing operation in the 1930s, Kiichiro Toyota, the founder's son, headed the new venture. He travelled to the United States to study Henry Ford's system in operation. He returned with a strong grasp of Ford's conveyor system and an even stronger determination to adapt that system to the small production volumes of the Japanese market.
Kiichiro Toyota's solution was to provide the different processes in the assembly sequence with only the kinds and quantities of items that they needed and only when they needed them. Production and transport took place simultaneously and synchronously throughout the production sequence — inside and between all the processes.
Kiichiro thus laid the groundwork for just-in-time production, and is credited with coining the term.
(sources: Toyota Motor Corp.)
---
IMPRESS YOUR FRIENDS TODAY
say something like:
"Since implementing a JIT process, we've reduced production costs by more than 15 percent."
