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Why Should All Companies follow Just In Time (JIT) concept? | Lean Manufacturing |Engineering UPdates




JUST IN TIME

Just in time (JIT) is an inventory management method whereby materials, goods, and labor are scheduled to arrive or be replenished exactly when needed in the production process.

This video consists of the following:

1. Meaning and Concept of Just in time strategy in TAMIL
(Just in time inventory management strategy,
Just in time manufacturing strategy etc.)

2. Advantages of Just in time in Tamil
i. Less Space needed
ii. Waste reduction
iii. Smaller investment

3. Disadvantages of Just in time in Tamil
i. Risk of running out of stock
ii. Lack of control over time frame
iii. More planning required
iv. Little room for mistakes












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