Illustrate what are the major pros and cons of jit

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Q. Your manufacturing company is facing intense competition from firms that have already adopted such operational techniques as demand-based management and JIT systems. Before implementing those programs at your company, the CEO has asked you to write a "white paper" covering the following specific topics:

Explain how do JIT demand-based systems differ from forecast driven systems?

Illustrate what are the major pros and cons of JIT and lean manufacturing systems? Illustrate what do they have to do with nonvalue added or wasted activities?

Illustrate what will be the major challenges of implementing JIT systems?

Reference no: EM13103342

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