This is what JIT aims to minimize, by only ordering what is needed.
What is inventory?
JIT is a key component of this manufacturing philosophy.
What is Lean Manufacturing?
These are crucial for JIT to work smoothly, as they provide the materials.
Who are suppliers?
JIT helps reduce these costs, associated with storing materials.
What are storage costs?
This car manufacturer is famous for pioneering the JIT system.
Who is Toyota?
JIT production makes products based on this.
What is demand?
This is a type of waste that Lean Manufacturing tries to eliminate.
What is waste?
JIT requires very close and precise of these between the manufactor and the supplier.
What is coordination?
By minimizing waste, JIT helps increase this.
What is profit?
A bakery that bakes fresh bread throughout the day is an example of this.
What is JIT?
This is the opposite of JIT, where you make lots of products and store them.
What is "just-in-case" production?
When a manufacturing process is "lean", it means it is doing this.
What is efficient?
If these are late, the whole JIT system can be disrupted.
What are deliveries?
This is the result of having too much inventory sitting around.
What is wasted money?
This type of store uses JIT to keep fresh food on the shelves.
What is a grocery store?
This is the main goal of JIT, to make things more efficient.
What is efficiency?
This is a visual tool used in lean manufacturing to show the flow of materials and information.
What is a value stream map?
This is the term for the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product.
What is a supply chain?
JIT can lower this cost, because less storage space is needed.
What are facility costs?
This is a risk of JIT, when unexpected demand happens.
What is stockout or shortages?
The concept of getting materials at the moment they are needed is known as what?
What is Just-in-Time?
JIT relies on these to be very reliable.
What is Kaizen?
JIT relies on these to be very reliable.
What is reliability?
JIT can increase this, by making sure the right parts are there, at the right time.
What is productivity?
A company that uses JIT will have a very close relationship with these.
Who are their suppliers?