One core principle of lean is just in time inventory, or JIT. The objective of JIT is to have minimum inventory on hand to keep production running for a short period, and to have replenishment inventory delivered just as the last few pieces are used. Depending on the item and your supplier’s proximity to your facility, you may choose to define a “short period” as anything from a single shift to a few days’ worth of inventory. It is generally not feasible to go from having the equivalent of several...(read more)![]()
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