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What is Just-in-Time Systems: Reducing Waste & Lead Time about?

The document discusses Just-in-Time (JIT) systems and their objectives of reducing variance, waste, and lead time in the supply chain. It explains that JIT aims to continuously identify and eliminate all forms of corporate waste and variance by producing output within the minimum lead time and at the lowest total cost. The document outlines the fundamental concepts of JIT, including how it addresses various sources of uncertainty in the system, such as quality problems, design changes, mistakes, and supplie

Author

Musical Corruption

Language

EN