JIT is a philosophy of manufacturing based on planned elimination of all wastes and continuous improvement of productivity. It encompasses the proper execution of all manufacturing activities required to produce the final product. Now a days many organization throughout the world are looking to introduce the JITmanagement principles. It is a programme which directs towards the right quality product produced at right time without any wastage and with the help of total quality management (TQM) operation. It is a series of operating concept that allows systematic identification of operational problems. A series of technology-based tools for correcting problems following their identification supplies and components are “Pulled” through the system to arrivewherethey arehighly needed.
With the help of this concept organization seeks to improve their products by eliminating wastages. It requires professionalism at every stage by all the stakeholders. It is totally a package of supply chain management.
Strategy, KANBAN, wastage elimination, zero inventory, market demand, cost minimization, total quality management (TQM), pulled inventory, Supply chain management (SCM)
