Explain JIT. Do you think it is practically feasible in India? What is your suggestion for implementing JIT?
Answers
JUST IN TIME (JIT) on the basis of quality management is both a philosophy and guiding principles that integrates basic management techniques, existing improvement efforts and technical tools. There is no standard for implementing JIT is not steady progress towards the ultimate goal of service with a continuous flow smoothly synchronized correspond to final demand, with perfect quality good receipt.
JIT means Just in time production.Many countries have adopted this production technology to cut the costs and chain profits.This technology is also known as Toyota production system.
It is feasible to use this type of manufacturing in India provided the supplies are being sent at the right time and also government controls the prices of key resources, tax rates to create obstacles for implementing JIT.
The limitations of JIT are:
i) The production is highly dependent on suppliers, and if the unit is not delivered on time, the entire production schedule may be delayed.
ii) Team autonomy is lost as the result of lower buffer stocks that result in less flexibility for employees to solve the problem individually.
iii) JIT practices can help Indian firms become more competitive by improving its exports in the global market.