JIT (Just-In-Time) is a business approach that helps companies manage their inventory more efficiently. Instead of storing large amounts of materials or products, items arrive exactly when they're needed for production or sale. Think of it like a restaurant that buys fresh ingredients each morning rather than storing weeks of food. This method helps companies save money on storage costs and reduce waste. Companies like Toyota made this system famous, and now many businesses use similar approaches, sometimes called 'lean inventory management' or 'demand-driven supply chain.'
Implemented JIT inventory system reducing warehouse costs by 30%
Managed Just-In-Time delivery program for automotive parts manufacturing
Led transition from traditional warehousing to JIT supply chain model
Typical job title: "Supply Chain Managers"
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Q: How would you implement a JIT system in a company that currently uses traditional inventory management?
Expected Answer: Should discuss assessment of current processes, supplier relationships, risk management, training needs, and gradual implementation strategy with measurable milestones.
Q: What are the biggest risks in JIT implementation and how would you mitigate them?
Expected Answer: Should address supplier reliability, demand fluctuations, transportation delays, and backup plans. Should demonstrate experience in risk management and contingency planning.
Q: Can you explain how you would manage supplier relationships in a JIT system?
Expected Answer: Should discuss communication strategies, performance metrics, quality control measures, and the importance of reliable delivery schedules.
Q: How do you handle unexpected delays or disruptions in a JIT system?
Expected Answer: Should explain backup plans, buffer strategies, alternative supplier arrangements, and communication protocols for various scenarios.
Q: What are the basic principles of JIT?
Expected Answer: Should explain the concept of receiving materials only as needed, reducing waste and storage costs, and basic inventory management principles.
Q: What are the main benefits of implementing JIT?
Expected Answer: Should discuss reduced inventory costs, improved efficiency, less waste, better quality control, and faster response to market changes.