| October 24th, 2019 11:50 AM | |
| prince karak | Re: Just In Time Inventory The Just In Time Inventory is an accounting tool. Just in time inventory is the reduced amount of inventory owned by a business after it installs a just-in-time manufacturing system. This type of system is called a "pull" system. The intent of a JIT system is to ensure that the components and sub-assemblies used to create finished goods are delivered to the production area exactly on time. Doing so eliminates a considerable amount of investment in inventory, thereby reducing the working capital needs of a business. Methodology: Housekeeping physical organization and discipline. Make it right the first time elimination of defects. Setup reduction flexible changeover approaches. Lot sizes of one the ultimate lot size and flexibility. Uniform plant load leveling as a control mechanism Balanced flow organizing flow scheduling throughput Skill diversification multi-functional workers Control by visibility communication media for activity. Preventive maintenance flawless running, no defects Fitness for use producibility, design for process. Compact plant layout product-oriented design Streamlining movements smoothing materials handling Supplier networks extensions of the factory. Worker involvement small group improvement activities Cellular manufacturing production methods for flow Pull system signal [kanban] replenishment/resupply systems. Sections: Managerial finance Financial accounting Management accounting Mergers and acquisitions Balance sheet analysis Business plan Corporate action Societal components: Financial law Financial market Financial market participants Corporate finance Personal finance Peer-to-peer lending Public finance Banks and banking Financial regulation Clawback |
| October 24th, 2019 11:24 AM | |
| Unregistered | Just In Time Inventory Hello sir, what is Just In Time Inventory? Which are the special sections of Just In Time Inventory? Please provide me use of Just In Time Inventory? |
