What are the challenges of Just-In-Time (JIT) manufacturing?
An example of an AI chatbot conversation about the challenges of JIT manufacturing.
What are the challenges of Just-In-Time (JIT) manufacturing?
JIT manufacturing faces several challenges, including supply chain disruptions, demand fluctuations, and inventory management.
How do supply chain disruptions affect JIT?
Supply chain disruptions can halt production since JIT relies on timely deliveries. Any delay can lead to production stoppages.
What strategies can companies use to mitigate these challenges?
Companies can build strong supplier relationships, maintain safety stock, and use technology for better demand forecasting.
Is JIT suitable for all types of industries?
Not necessarily. JIT is best suited for industries with stable demand and reliable suppliers, like automotive or electronics.
What are the benefits of JIT despite these challenges?
The benefits include reduced inventory costs, improved cash flow, and increased efficiency in production processes.
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