A Complete Guide to Just-in-Time Production

A Complete Guide to Just-in-Time Production

Inside Toyota's Mind

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Yes, people called Toyota Production System an inventory reduction program when they first heard of it. "Just in time" is one of the main pillars in the TPS. "Just in time" ideally means "one-piece flow." Inventory is the greatest waste in the process, and it hides many problems, such as quality problems, breakdown times, waiting waste, and more. Let's get back to history. Prior to the 1970 oil crisis, very few people in the world know what Toyota was up to. The fact that it emerged stronger than ever while many of its competitors were quite battered made people take notice. People went to Jap...