What Is Just-in-Time Scheduling?
Did you know that one reason people are always late is that many of us tend to avoid changing gears?
Having a one-track mind can sometimes be a blessing and sometimes a curse. In the world of business, however, timing is everything. Aside from the logistics of materials, a savvy company must always predict market demand.
Are you wondering what strategy can help you? Keep reading to learn all about just-in-time scheduling.
What Is Just-In-Time Scheduling?
In simplest terms, the idea behind just-in-time (JIT) is designed to avoid as much waste as possible. This is done by timing production with the arrival of materials and making products at the last possible second.
Cutting things close allows for any last-minute changes in a production order to be changed with ease. Of course, this strategy does come with some risk if you’re working with an unreliable third party. If the JIT scheduling is off by a single day, your products will be late.
As the old saying goes, “Time is money.” With this in mind, you want to make sure your manufacturer has a pristine reputation. When everything goes according to plan, you’ll be reducing waste and the amount of surplus inventory you have.
You may be surprised to learn that this scheduling strategy is sometimes referred to as the Toyota Production System because it was started by a car company of the same name.
How Can I Ensure Success?
To reap the benefits of a just-in-time inventory, you’ll also need to plan for possible machine breakdowns. Murphy’s Law states that anything that can go wrong will go wrong. When you plan for such breakdowns, then you’ll avoid production delays.
Aside from a reliable manufacturer, you’ll also need to find a trustworthy supplier. Any delays in the supplies can be just as damaging to your JIT delivery schedule as a broken machine.
While this type of last-second scheduling can save you all kinds of money, you must remember how unpredictable the market is. If there is an unexpected spike in orders, then your JIT scheduling will most likely not be able to fulfill them in time.
The best-case scenario is that you brush it off and use it as a lesson for fine-tuning future production schedules.
Take Advantage of Just-In-Time Scheduling
Now that you’ve learned all about just-in-time scheduling, you can make sure you make as many products as you need rather than wasting materials when there’s not enough demand. After all, the market can be pretty unpredictable at times.
Mayco International is willing to accommodate whatever schedule suits you best. That way, we can provide you with the right amount of high-quality vehicles. From start to finish, we take pride in our work and our punctuality.
Do you have one or more pressing questions about our solutions? If so, we’d love to talk with you. All you have to do is reach out to us.