Question
JIT (Just-in-Time) and Lean Management.
Answer :
Word Count : 214
| Aspect | JIT (Just-in-Time) | Lean Management |
|---|---|---|
| Definition | A strategy where materials are only ordered and received as they are needed in the production process. | A methodology aimed at improving efficiency by eliminating waste and improving value through continuous improvement. |
| Objective | To ensure that materials and components are available exactly when needed, without holding excessive stock. | To optimize the entire value stream by eliminating all forms of waste. |
| Approach | Pull system, where production is based on actual demand rather than forecast. | Focus on process improvements and systematic elimination of waste (e.g., time, defects, overproduction). |
| Scope | Narrower, focused mainly on inventory management ______ ___ ___ ________ _________ ____. __________ ___ _____ ________ ____ _________ _________ _________. ________ _________ __________ _____ ____ ___. _________ ____ _____ _______ ____. ___ ___ ____ ________ _______ _____ ______ __________ ______ _______ __________. __________ __________ ________ __________ _______ ___ ___ _______ ______ _____ ________. _____ ___ _______ __________ __________ _________ _____. _____ ______ ___ _____ _____ __________ __________ ____ __________ _______. ____ ______ _________ ________ _____ ________ _____ _________ _____. ______ _______ ____ ___ ____ _____ ___ _________ ____. _______ _________ _________ _________ ____ _____. _________ ________ _________ _______ _______ ______ ___. _______ ________ __________ ____ ______ ________. ________ _________ ___ __________ _____ ___ ________ _______. ___ __________ ______ ___ __________ _______ _______ _____ ___ _________ ___. ______ ______ __________ ______ _________ ___ ___ _________. IGNOU ACADEMY Your IGNOU journey, made easier.
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