Question

Conduct research to find a company that is successfully using JIT systems in its operations. (i) Describe the company briefly – product/services, locations, customers (ii) Describe the company’s operations briefly – type of process (iii) Describe how JIT is being used and how it has benefitted this company

Answer 1

Answer:

Given data:

Conduct research to find a company that is successfully using JIT systems in its operations.

Answer for the above data:

Just in Time Manufacturing (JIT) - also known as lean manufacturing" refers to a system of manufacturing in which products are not built until the product is ordered and paid for. Some companies that have successfully implemented JIT include :

*Toyota

*Dell and

*Harley Davidson.

(1):Briefly describing the company products/Services,Locations,Customers.

(1) - Toyota:

Toyota is considered by numerous to be the ideal specimen for JIT achievement. The Toyota generation methodology is featured by the way that crude materials are not conveyed to the creation floor until the point when a request is gotten and this item is prepared to be fabricated No parts are permitted at a hub except if they are required for the following hub, or they are a piece of a get together for the following hub. This logic has enabled Toyota to keep a base measure of stock which implies bring down expenses. This likewise implies Toyota can adjust rapidly to changes sought after without worrying about discarding costly stock. Little measures of crude material stock must be kept at every hub underway, with the goal that creation can happen for any item. These parts are then recharged when they are utilized. Precision of determining is imperative so the right measure of crude materials can be loaded.

(2):Describe the company’s operations briefly – type of process

(2) - Dell:

Dell has additionally utilized JIT standards to influence its assembling to process a win. Dell's way to deal with JIT is distinctive in that they use their providers to accomplish the JIT objective. They are likewise special in that Dell can give astoundingly short lead times to their clients, by compelling their providers to convey stock as opposed to conveying it themselves and after that requesting (and accepting) short lead times on parts with the goal that items can be basically amassed by Dell rapidly and afterward delivered to the client.

Critical Factors to Dell's Success:

•   Dependable providers with the capacity to meet Dell's requesting lead time necessities.

•   A consistent framework that enables Dell to transmit its part prerequisites so they will land at Dell so as to satisfy its lead times.

•   A ability of providers to keep stock available enabling Dell to be free of this duty.

(3):Describing how JIT is being used and how it has benefitted this company

3-Harley Davidson :

Harley Davidson's prosperity with the execution of in' had a ton to do with the way that when JIT was incorporated, process issues could never again be covered up by exorbitant stock that met send dates. The wasteful aspects in the procedures were immediately recognized and unraveled.

Harley Davidson's utilization of JIT is for the most part described by its change in the late World War 2 time from a wasteful maker that tackled the majority of its issues with additional stock to an agile producer ready to take care of demand and give short lead times.

Consequences of Harley Davidson's evil Implementation:

•   Inventory levels diminished 75 percent

•   Increased profitability.