Please enable JavaScript.
Coggle requires JavaScript to display documents.
10.1 JIT & JIC "JIT and JIC are two production strategies used by…
10.1 JIT & JIC "JIT and JIC are two production strategies used by manufacturers that have both advantages and disadvantages to them. A manufacturing company will choose one of these strategies to follow for many reasons that include the products they are producing, the nature of the market and the nature of the economy.
Just in Time (JIT)
A situation where a company does not allocate space to the storage of components or completed items,
-
-
-
Advantages
-
Efficiency – Highly flexible, easy set-up for short runs (because of cell production)
-
Waste – elimination of waste due to overproduction, left over stock, idle time, product defects and material processing.
-
Disadvantages
Reliability – Part will need to be made, things could go wrong, delay in manufacture and transport to consumer
-
-
Just in Case (JIC)
-
-
Some products included may be products or components that take a long time to produce therefore reducing customer wait time.
-
Disadvantages
-
-
Waste -some waste due to overproduction, left over stock, product defects and material processing.
Traditions – Factory organised in departments based on function usually offsite bringing about added costs and transportation time
Stock control – required also, may left over stock one the product becomes obsolete or market direction changes.