Question
JIT (Just-in-Time) and Lean Management.
Answer :
Word Count : 151
| Feature/Aspect | JIT (Just-in-Time) | Lean Management |
|---|---|---|
| Definition | A production and inventory strategy to receive goods only as needed to reduce inventory costs. | A broader philosophy to maximize value by eliminating all types of waste (time, inventory, processes). |
| Scope | Narrow scope; primarily concerned with inventory and production timing. | Broad scope; covers production, supply chain, processes, and culture. |
| Goal | Reduce inventory, prevent overproduction, and ensure timely delivery. | Improve quality, reduce ______ ________ _____ _______ ________ __________ _______. ______ _____ ________ _________ _______ _________. _____ __________ ____ ______ _____ ______. _________ ________ ________ ________ ______ _________. _______ _____ _________ __________ __________ _________ ____ _____ ________ _______ _______ ______. __________ _____ __________ ______ _______ ______ ______ ___. __________ ____ ____ __________ ______. ___ ___ _______ __________ __________ ____ __________ _________ _______ _________ _____ ____. _______ _____ ___ __________ ____ ____ ________ ________ ___ ____ ______. _________ _______ _________ ____ __________ _______ ______ _____ ________ __________. ________ ____ ___ _______ _________ _______ ________ ______ ____ __________ ________ ________. IGNOU ACADEMY Your IGNOU journey, made easier.
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