Origin Story of JIT

1 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$49.99
List Price:  $69.99
You save:  $20
€47.52
List Price:  €66.54
You save:  €19.01
£39.70
List Price:  £55.59
You save:  £15.88
CA$70.43
List Price:  CA$98.62
You save:  CA$28.18
A$76.97
List Price:  A$107.77
You save:  A$30.79
S$67.31
List Price:  S$94.24
You save:  S$26.93
HK$389.04
List Price:  HK$544.69
You save:  HK$155.65
CHF 44.26
List Price:  CHF 61.97
You save:  CHF 17.70
NOK kr555.31
List Price:  NOK kr777.48
You save:  NOK kr222.17
DKK kr354.52
List Price:  DKK kr496.36
You save:  DKK kr141.83
NZ$85.39
List Price:  NZ$119.56
You save:  NZ$34.16
د.إ183.61
List Price:  د.إ257.07
You save:  د.إ73.46
৳5,974.85
List Price:  ৳8,365.27
You save:  ৳2,390.42
₹4,214.36
List Price:  ₹5,900.44
You save:  ₹1,686.08
RM223.20
List Price:  RM312.50
You save:  RM89.30
₦84,139.66
List Price:  ₦117,802.26
You save:  ₦33,662.60
₨13,894.72
List Price:  ₨19,453.72
You save:  ₨5,559
฿1,731.75
List Price:  ฿2,424.59
You save:  ฿692.84
₺1,731.89
List Price:  ₺2,424.79
You save:  ₺692.89
B$291.02
List Price:  B$407.45
You save:  B$116.43
R904.37
List Price:  R1,266.19
You save:  R361.82
Лв93.24
List Price:  Лв130.55
You save:  Лв37.30
₩69,838.35
List Price:  ₩97,779.29
You save:  ₩27,940.93
₪182.45
List Price:  ₪255.44
You save:  ₪72.99
₱2,948.07
List Price:  ₱4,127.53
You save:  ₱1,179.46
¥7,686.27
List Price:  ¥10,761.39
You save:  ¥3,075.12
MX$1,026.34
List Price:  MX$1,436.97
You save:  MX$410.62
QR181.99
List Price:  QR254.80
You save:  QR72.81
P683.05
List Price:  P956.33
You save:  P273.27
KSh6,473.70
List Price:  KSh9,063.70
You save:  KSh2,590
E£2,479.91
List Price:  E£3,472.08
You save:  E£992.16
ብር6,171.26
List Price:  ብር8,640.26
You save:  ብር2,469
Kz45,640.87
List Price:  Kz63,900.87
You save:  Kz18,260
CLP$48,800.23
List Price:  CLP$68,324.23
You save:  CLP$19,524
CN¥362.21
List Price:  CN¥507.13
You save:  CN¥144.91
RD$3,019.39
List Price:  RD$4,227.39
You save:  RD$1,208
DA6,681.78
List Price:  DA9,355.03
You save:  DA2,673.24
FJ$114.89
List Price:  FJ$160.86
You save:  FJ$45.96
Q386.07
List Price:  Q540.54
You save:  Q154.46
GY$10,461.05
List Price:  GY$14,646.31
You save:  GY$4,185.25
ISK kr6,897.62
List Price:  ISK kr9,657.22
You save:  ISK kr2,759.60
DH501.57
List Price:  DH702.24
You save:  DH200.67
L910.90
List Price:  L1,275.33
You save:  L364.43
ден2,944.65
List Price:  ден4,122.75
You save:  ден1,178.09
MOP$400.69
List Price:  MOP$561
You save:  MOP$160.31
N$901.81
List Price:  N$1,262.61
You save:  N$360.80
C$1,837.63
List Price:  C$2,572.83
You save:  C$735.20
रु6,744.61
List Price:  रु9,443
You save:  रु2,698.38
S/189.86
List Price:  S/265.82
You save:  S/75.96
K201.24
List Price:  K281.76
You save:  K80.51
SAR187.73
List Price:  SAR262.83
You save:  SAR75.10
ZK1,378.75
List Price:  ZK1,930.37
You save:  ZK551.61
L236.54
List Price:  L331.18
You save:  L94.63
Kč1,201.96
List Price:  Kč1,682.84
You save:  Kč480.88
Ft19,552.70
List Price:  Ft27,375.34
You save:  Ft7,822.64
SEK kr547.88
List Price:  SEK kr767.08
You save:  SEK kr219.19
ARS$50,310.58
List Price:  ARS$70,438.83
You save:  ARS$20,128.25
Bs346.77
List Price:  Bs485.51
You save:  Bs138.73
COP$219,940.74
List Price:  COP$307,934.64
You save:  COP$87,993.89
₡25,482.47
List Price:  ₡35,677.50
You save:  ₡10,195.02
L1,260.99
List Price:  L1,765.49
You save:  L504.50
₲389,563.28
List Price:  ₲545,419.77
You save:  ₲155,856.48
$U2,130.69
List Price:  $U2,983.14
You save:  $U852.45
zł205.15
List Price:  zł287.23
You save:  zł82.07
Already have an account? Log In

Transcript

Taiichi Ohno, the plant manager at Toyota is credited to have created just in time, Toyota Motor Corporation struggled through the 1930s. As you all know, primarily making simple trucks. In the early years, the company produced poor quality vehicles with primitive technology example, hammering body panels over logs, and they had little success. In 1930. Toyota as leaders visited Ford and General Motors to study their assembly lines, and carefully read Henry Ford's book today and tomorrow, written in 1926. They tested the conveyer system, precision machine tools, and the economies of scale idea.

Taiichi Ohno was a hands on manager and began his journey through Toyota's few factories, applying the pieces Suppose of jidoka. During his visit to the US, he had observed that in any well run supermarket, individual items are replenished as each item begins to run low on the shelf. Ohno applied the same principle to manufacturing. The previous process shouldn't make expired until the next process uses up its original supply of parts earlier supplied by the previous process. When the next process is down to a small amount of safety stock, this triggered a signal to the previous process, asking it for more parts. This was exactly the birth of just in time.

That brings us to the end of this lecture. It is now time to look at the steps to implement just in time. See you there.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.