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Essay Details:
Essay text:
The principle of JIT is to
eliminate sources of manufacturing waste by getting the right quantity of
raw materials and producing the right quantity of products in the right
place at the right time.
In an effort to control costs during fiscally challenging economic times,
the JIT system was developed in Japan after WWII. Many Japanese companies
in the post-war era were challenged to find a way to meet the needs of
customers and businesses while utilizing as few resources and as little
capital as possible. The Japanese developed these set of techniques in
order to control production, limit unnecessary products and reinvest the
valuable capital left from the savings back into the business structure...
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