What are the advantages of Just-In-Time (JIT) manufacturing?
JIT manufacturing minimizes inventory costs and reduces waste by producing only what is needed, when it's needed.
How does JIT improve efficiency?
JIT improves efficiency by streamlining production processes, reducing lead times, and enhancing flexibility in response to demand.
Are there any risks associated with JIT?
Yes, risks include supply chain disruptions and the potential for production delays if materials are not available on time.
Can JIT be applied to all industries?
While JIT is most effective in manufacturing, it can also be adapted for industries like retail and healthcare.
What tools can help implement JIT?
Tools like inventory management software, demand forecasting systems, and lean manufacturing techniques can aid JIT implementation.
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