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JIT works in three in three Benefits

Benefits of MRP

  • Funds that were tied up in inventories can be used elsewhere.
  • Areas previously used to store inventories can be used for other more productive uses.
  • throughput time is reduced, resulting in greater protential output and quicker reponse to customers.
  • Defect rates are reduced, resulting in less wasted and greater customer satifaction.
  • Reduced inventory with fewer(none) shortages
  • Improved customer services
  • improved direct labor productivity
  • Reduce pruchasing cost
  • Reduce Traffic cost
  • Reduce Overtime
  • Reduced Obsolescence
  • Having the numbers to run the business
  • Having accountability throughout the organization
  • Improve Quality of Product Life

IS A PRODUCTION AND INVENTORY CONTROL SYSTEM IN WHICH MATERIALS ARE PURCHASED AND UNITS ARE PRODUCED ONLY AS NEEDED TO MEET ACTUAL CUSTOMER DEMAND.

is a production planning, scheduling and inventory control system used to manage manufacturing processes

Disadvantage

  • Implementing Procedures can involve a major overhaul of buisness systems which may be difficult and expensive to introduce.
  • Opens businesses to a number of risks, notably those associated with the supply chain.
  • Inaccurate information as a result of inaccurate intial data and failure to update on Raw Materials and components on a regular basis
  • Produce serious problems with output, thus causing massive delays in the delivery of finished products to expecting clients.
  • Missing parts, Raw Material and components due to the wrong quanities order from the suppilers.

MRP vs. JIT

THANK YOU!

THE "A" Team

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