(2) Explain JIT(Just in time purchasing ).Do you think it is practically feasible in india ?what is your suggestions for implementing JIT
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Explain JIT(Just in time purchasing ).Do you think it is practically feasible in india ?what is your suggestions for implementing JIT
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Explain JIT(Just in time purchasing ).Do you think it is practically feasible in india ?what is your suggestions for implementing JIT
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Just in time (JIT) stock administration, additionally, know as lean assembling and now and again alluded to as the Toyota production system (TPS), is the way toward requesting and accepting stock for creation and client deals just as it is required and not previously.
We will take the example of Maruti Suzuki, the Company has received the Japanese system, JIT to accomplish more prominent operational productivity and diminish stock conveying costs. JIT enhances the degree of profitability in a business by decreasing in-process stock and transportation costs.
Limitation:
Culture Differences: Organizational societies contrast from organization to organization. There are societies that quandary to JIT accomplishment in universal business, yet it is troublesome for an association to change its way of life few.
A few Indian businesses is driving the joint examination group with the conviction that it is helpful to counter worldwide rivalry. However, the viability relies upon the characteristics, states of mind, and qualities of Indian work.
At last, it is trusted that the Indian business to have the capacity to embrace the important changes to existing creation frameworks for JIT Quality Management to get the greatest advantage.
We will take the example of Maruti Suzuki, the Company has received the Japanese system, JIT to accomplish more prominent operational productivity and diminish stock conveying costs. JIT enhances the degree of profitability in a business by decreasing in-process stock and transportation costs.
Limitation:
Culture Differences: Organizational societies contrast from organization to organization. There are societies that quandary to JIT accomplishment in universal business, yet it is troublesome for an association to change its way of life few.
A few Indian businesses is driving the joint examination group with the conviction that it is helpful to counter worldwide rivalry. However, the viability relies upon the characteristics, states of mind, and qualities of Indian work.
At last, it is trusted that the Indian business to have the capacity to embrace the important changes to existing creation frameworks for JIT Quality Management to get the greatest advantage.
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