{"id":7785,"date":"2020-06-30T13:56:11","date_gmt":"2020-06-30T13:56:11","guid":{"rendered":"https:\/\/oden.io\/?post_type=glossary&#038;p=7785"},"modified":"2020-10-08T09:59:39","modified_gmt":"2020-10-08T09:59:39","slug":"what-is-just-in-time-manufacturing","status":"publish","type":"glossary","link":"https:\/\/oden.io\/glossary\/just-in-time-manufacturing\/","title":{"rendered":"What Is Just In Time Manufacturing?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7785\" class=\"elementor elementor-7785\" data-elementor-post-type=\"glossary\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-dc57eac conceptinnerheadingtext elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dc57eac\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6dd7ae9c\" data-id=\"6dd7ae9c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3843b5af conceptinner1headingtext elementor-widget elementor-widget-heading\" data-id=\"3843b5af\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-large\">Industry 4.0 Glossary<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8aff74f ltheadd1 elementor-widget elementor-widget-heading\" data-id=\"8aff74f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What Is Just In Time Manufacturing?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-768cf205 ltglosmaintxtgreen elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"768cf205\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3fa95fd3\" data-id=\"3fa95fd3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d664ff elementor-widget elementor-widget-heading\" data-id=\"1d664ff\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Just-in-Time (JIT) manufacturing is guided by two principles - streamlining workflow and management. In terms of workflow, JIT aims to reduce turnaround times within a production system and also improve overall response times. As a management tool, it helps evolve production towards what the customer wants, and when they want it. <\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-20890980 ltglosmaintxtblack elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20890980\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c6f35c4\" data-id=\"7c6f35c4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a75d5d5 elementor-widget elementor-widget-text-editor\" data-id=\"a75d5d5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\tThis helps to reduce the cost of holding but also enables efficient use of available resources. Overall, JIT manufacturing helps manufacturers standardize their processes, increase productivity and reduce costs.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-2c1a5b36 ltgloshead elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c1a5b36\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9eb902f\" data-id=\"9eb902f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49c3a32c elementor-widget elementor-widget-heading\" data-id=\"49c3a32c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Traditional Vs JIT Manufacturing<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-4a1cc31a ltglosheadpara elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a1cc31a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19dda11d\" data-id=\"19dda11d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2341f83 elementor-widget elementor-widget-eael-divider\" data-id=\"2341f83\" data-element_type=\"widget\" data-widget_type=\"eael-divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-divider-wrap divider-direction-horizontal\">\n\t\t\t\t\t\t\t<div class=\"eael-divider horizontal solid\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22bdefb3 elementor-widget elementor-widget-text-editor\" data-id=\"22bdefb3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Traditional manufacturing is based on a calculated forecast of the volume of customer requirements. Manufacturers produce large volumes to achieve economies of scale. Benefits from volume purchase, better asset utilization and hedging against raw material price volatility drive manufacturers to process and produce over and above the order book. Most of these stocks later sit idly in storage units waiting to be ordered by customers. This type of production is sometimes called \u201cjust in Case&#8221; manufacturing. However, if a customer happens to order a product that is neither in stock nor in current production, it will take several weeks or even months to manufacture the requested product.<\/p><p>A JIT manufacturing system on the other hand employs simple visual tools like kanbans to align production processes with customer requirements. This greatly reduces the volume of stock held and minimizes lead time by a significant amount.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-6d2e0b6 ltgloshead elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d2e0b6\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72f4124\" data-id=\"72f4124\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a775e3 elementor-widget elementor-widget-heading\" data-id=\"7a775e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits Of Just-in-Time Manufacturing<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-9190fbe ltglosheadpara elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9190fbe\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c19fe74\" data-id=\"c19fe74\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38dfea9 elementor-widget elementor-widget-eael-divider\" data-id=\"38dfea9\" data-element_type=\"widget\" data-widget_type=\"eael-divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-divider-wrap divider-direction-horizontal\">\n\t\t\t\t\t\t\t<div class=\"eael-divider horizontal solid\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0fb5eb elementor-widget elementor-widget-text-editor\" data-id=\"e0fb5eb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tThere are several benefits of JIT manufacturing. Let us take a look at a few of them: \t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-687c261 ltwhitebg elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"687c261\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-c4702d2\" data-id=\"c4702d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4795ab6\" data-id=\"4795ab6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a895f1 elementor-widget elementor-widget-heading\" data-id=\"5a895f1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Crashing Of Order To Payment Timeline<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6ae33f elementor-widget elementor-widget-text-editor\" data-id=\"e6ae33f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Across the lifecycle of the product from concept to market to retirement, order-to-cash (O2C) cycle is the most critical stage. It is the stage where all stakeholders like suppliers, manufacturers and customers converge to generate value for one another. The faster the O2C timeline, the faster is cash recovery. It becomes critical to minimize the O2C timeline to ensure that the interest of the customer converts to cash for the manufacturer.<\/p><p>JIT is key to achieving this goal. The advent of electronic data interchange (EDI) in manufacturing has helped manufacturers accelerate data flow between disparate enterprise systems and eliminate human error. JIT also ensures satisfaction for customers and vendors, as realization of revenues and values are quick across the entire value stream.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-1058419\" data-id=\"1058419\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-f54e6c6 ltgreybg elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f54e6c6\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-e5ec088\" data-id=\"e5ec088\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e310da6\" data-id=\"e310da6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d32d2b elementor-widget elementor-widget-heading\" data-id=\"3d32d2b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Reduction In Inventory Costs<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e0557c elementor-widget elementor-widget-text-editor\" data-id=\"0e0557c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Reduction in inventory costs is one of the direct results of an effective JIT manufacturing system. <a href=\"https:\/\/www.oreilly.com\/library\/view\/operations-management-an\/9781118122679\/ch7-sec035.html#:~:text=A%20recent%20study%20of%20JIT,a%2050%20percent%20reduction%20in\" target=\"_blank\" rel=\"noopener\">Studies<\/a> show that organizations have recorded as much as 80\u201390 percent reduction in inventory investment by implementing JIT. Holding and moving costs are seldom considered as value add. Hence minimizing inventory costs improves direct margin and eventually overall profitability.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-8af2d67\" data-id=\"8af2d67\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-de60355 ltwhitebg elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de60355\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-9a271fa\" data-id=\"9a271fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6064823\" data-id=\"6064823\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acfcd56 elementor-widget elementor-widget-heading\" data-id=\"acfcd56\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Reduction In Space And Storage Facilities<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7021ee5 elementor-widget elementor-widget-text-editor\" data-id=\"7021ee5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The tight alignment of production based on customer requirements in JIT manufacturing helps avoid overstocking. Recent <a href=\"https:\/\/www.oreilly.com\/library\/view\/operations-management-an\/9781118122679\/ch7-sec035.html#:~:text=A%20recent%20study%20of%20JIT,a%2050%20percent%20reduction%20in\" target=\"_blank\" rel=\"noopener\">studies<\/a> have shown that organizations claim 50 percent reduction in space requirements, and a 50 percent reduction in material handling equipment by implementing JIT.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-6d72bc2\" data-id=\"6d72bc2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-cea16ec ltgreybg elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cea16ec\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-380e5a8\" data-id=\"380e5a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-081376b\" data-id=\"081376b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c35a60 elementor-widget elementor-widget-heading\" data-id=\"9c35a60\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Minimized Lead Times<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7476c88 elementor-widget elementor-widget-text-editor\" data-id=\"7476c88\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>One of the most important benefits of JIT is its effectiveness in reducing lead time. JIT implementation is capable of reducing lead time from weeks or months to few hours or days. <a href=\"https:\/\/www.oreilly.com\/library\/view\/operations-management-an\/9781118122679\/ch7-sec035.html#:~:text=A%20recent%20study%20of%20JIT,a%2050%20percent%20reduction%20in\" target=\"_blank\" rel=\"noopener\">Studies<\/a> reveal that organizations have been able to achieve a reduction in lead time by 80 to 90% over a period of 5 years.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-d14911f\" data-id=\"d14911f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-db35d87 ltgloshead elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"db35d87\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-98c3cee\" data-id=\"98c3cee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0fa91e elementor-widget elementor-widget-heading\" data-id=\"f0fa91e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Potential Risks <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-d628b90 ltglosheadpara elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d628b90\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cb87256\" data-id=\"cb87256\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ca4381 elementor-widget elementor-widget-eael-divider\" data-id=\"5ca4381\" data-element_type=\"widget\" data-widget_type=\"eael-divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-divider-wrap divider-direction-horizontal\">\n\t\t\t\t\t\t\t<div class=\"eael-divider horizontal solid\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2680767 elementor-widget elementor-widget-text-editor\" data-id=\"2680767\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>There are several benefits of JIT implementation, like reduced lead times, minimized cost of holding and swift time to market. However, there also exist certain potential risks, especially when it comes to smaller organizations. The proximity of suppliers and their ability to provide materials within limited notice will play a critical role in deciding the success of JIT implementation. Sometimes, minimum order policies can pose a risk to smaller manufacturers who might order smaller quantities of materials.<\/p><p>Agility in response to fluctuation in demand can only be enforced within reasonable limits. Sudden changes to demands driven by extraordinary circumstances can strain the manufacturing set up and supplier relationships. Seamless interaction between procurement, manufacturing, and suppliers along with other stakeholders is critical for success of JIT. If the required enterprise systems with the necessary interoperability integrations are not in place, it will be difficult to ensure just-in-time.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Just-in-Time manufacturing facilitates efficient use of available resources to reduce turnaround time in a production system, as well as help lower the cost of holding by only focusing on what the customer wants. <\/p>\n","protected":false},"author":12,"featured_media":0,"menu_order":0,"template":"elementor_header_footer","format":"standard","meta":{"content-type":"","footnotes":""},"glossary_categories":[1268],"_links":{"self":[{"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/glossary\/7785"}],"collection":[{"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/users\/12"}],"version-history":[{"count":0,"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/glossary\/7785\/revisions"}],"wp:attachment":[{"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/media?parent=7785"}],"wp:term":[{"taxonomy":"glossary_categories","embeddable":true,"href":"https:\/\/oden.io\/wp-json\/wp\/v2\/glossary_categories?post=7785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}