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Just-In-TimeManufacturing
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JOIN KHALID AZIZ
FRESH CLASSESICMAP STAGE 3COST ACCOUNTING
PERFORMANCE APPRAISAL18TH FEBRUARY 2010INDIVIDUAL & GROUPS
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JOIN KHALID AZIZ
ECONOMICS OF ICMAP, ICAP, MA-ECONOMICS, B.COM.
FINANCIAL ACCOUNTING OF ICMAP STAGE 1,3,4 ICAP MODULE B, B.COM, BBA, MBA & PIPFA.
COST ACCOUNTING OF ICMAP STAGE 2,3 ICAP MODULE D, BBA, MBA & PIPFA.
CONTACT: 0322-3385752 0312-2302870 R-1173,ALNOOR SOCIETY, BLOCK 19,F.B.AREA,
KARACHI, PAKISTAN.
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al-jamia BOOK HOUSE
MAXIMUM RANGE OF BOOKS ACCA, CAT, CA, ICMAP, PIPFA, CIMA, CISA,
CFA, CIA, BBA, B.COM, MBA, M.COM. NIPA CHOWRANGI, NADEEM MEDICAL
CENTRE, GULSHAN-E-IQBAL, BLOCK-6, KARACHI, PAKISTAN
021-34960746 0333-2249877
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A Brief Overview
Central Themes Prerequisites for Implementation Just-In-Time Techniques A Brainstorming Exercise A Competitive Edge Major Misconceptions of JIT
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A Brief Overview (cont’d.)
Goals of Just-In-Time Manufacturing Advantages of Just-In-Time Manufacturing How JIT Works A Real World Example An Exercise Summary
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Just-In-Time Manufacturing:A Definition
Uses a systems approach to develop and operate a manufacturing system
Organizes the production process so that parts are available when they are needed
A method for optimizing processes that involves continual reduction of waste
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Central Themes SurroundingJust-In-Time
Simplicity
Quality
Elimination of Waste
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Prerequisites for JITImplementation
A Reason for Changing Executive Commitment Strategic Manufacturing Plan Commitment to Action
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Just-In-TimeTechniques
Inventory Reduction as a Tool for Improvement Supplier Relationships Inventory “Pull” Uniform Plant Loading
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Just-In-TimeTechniques(cont’d)
Reduced Setup Times Shop-Floor Layout and Production Cells Total Quality Assurance Preventive Maintenance
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Brainstorming Exercise:
How can Just-In-Time Manufacturing be Effective in your Business?
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A Competitive Edge
Integrating and Optimizing
Improve Continuously
Understanding the Customer
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The Major Misconceptions of JIT
JIT is Only an Inventory Control System
It is a Method to “Push” Inventory Back to the Supplier
JIT is a Quality Control Program
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Goals of Just-In-Time Systems
Design for Optimum Quality and Cost
Minimize resources needed for Design and Manufacturing
Be Responsive to the Customers Needs
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Goals of Just-In-TimeSystems(cont’d)
Develop Trust and Open Relationships with Suppliers and Customers
Develop a Commitment to Improve the Total Manufacturing System
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Advantages of JIT Manufacturing
Materials Cost Savings
Manufacturing Cost Savings
Sales Cost Savings
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Elements in Materials Cost Saving
Reduction of Suppliers Long-term Contracts Reduce Order Scheduling Simplify Receiving
Systems
Eliminate unpacking Eliminate Inspection Eliminate inventory
Stocking Eliminate Excess Material
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How Just-In-Time Systems Work
Requirements for JIT Manufacturing
Firm-wide Commitment
Knowledgeable Management
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Requirements for JIT
Respond to Customer Requirements
Integrate all Processes in the Manufacturing System
Employee Participation in Meeting Commitments
Company wide Commitment to education
Eliminate redundancy Reduce all Inventory Establish Continuous
Improvement Goals
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Requirements for JIT(cont’d)
Use a pull Production System
Design products for Manufacturing
Develop Controllable Production Processes
Have a Defect Prevention Program
Reduce Setup Times Build Products to
Specification
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A Real World Example
The Toyota Production System
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A JIT Exercise
Q: What are the three central themes surrounding Just-In-Time Manufacturing and why are they important?
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Summary
A review of Just-In-Time Manufacturing Systems
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JOIN KHALID AZIZ
ECONOMICS OF ICMAP, ICAP, MA-ECONOMICS, B.COM.
FINANCIAL ACCOUNTING OF ICMAP STAGE 1,3,4 ICAP MODULE B, B.COM, BBA, MBA & PIPFA.
COST ACCOUNTING OF ICMAP STAGE 2,3 ICAP MODULE D, BBA, MBA & PIPFA.
CONTACT: 0322-3385752 0312-2302870 R-1173,ALNOOR SOCIETY, BLOCK 19,F.B.AREA,
KARACHI, PAKISTAN.