There are two popular lean acronyms: JIT and SMED. First, give the expanded name
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Question
There are two popular lean acronyms: JIT and SMED. First, give the expanded name for the acronym (what each letter stands for) and then define both acronyms in your own words. Give an example of a service organization that currently uses JIT or SMED and the benefits it is likely experiencing. Then, give another example of an organization that should use JIT or SMED. Explain what benefits the organization can experience. You must use both acronyms! For example, if you write on an organization that is currently using JIT, then the next paragraph has to be on an organization that would benefit from SMED, or vice versa. There are two popular lean acronyms: JIT and SMED. First, give the expanded name for the acronym (what each letter stands for) and then define both acronyms in your own words. Give an example of a service organization that currently uses JIT or SMED and the benefits it is likely experiencing. Then, give another example of an organization that should use JIT or SMED. Explain what benefits the organization can experience. You must use both acronyms! For example, if you write on an organization that is currently using JIT, then the next paragraph has to be on an organization that would benefit from SMED, or vice versa.Explanation / Answer
Answer:
JIT : Just in Time: This is defined as the process of material inventory management in which the material receives at the plant in just in time , means the material receives when it needed at the plant. JIT process helps the plant to receive the material as per the schedule of the production thus avoid any inventory at the plant. Just in time is lean tool helping in material cost reduction by reducing inventory cost to the company.
SMED : Single minute of Exchange of Dies: This is defined as process of quick change of the set ups at the production flow and it should not take much time in set up changes in the production and it is named as SMED it means within a single minute the dies should be exchanged. Thus the die change should not be taking much time. The SMED concept drives the quick and fast change over process at the production set up so that the change over time does not take much time and can be quickly carried out so that it does not affect the productivity.
JIT Service Example – Repair retail shop purchases the spare parts from the dealer when the parts are needed while repairing the vehicle. Thus they do not store spare parts, but purchase spare parts from the nearby dealer when the parts actually needed. That is just in time the spare parts are purchased when actually needed.
Benefits it is experiencing is that he gets the low cost of operations as the inventory cost is minimized and he did not required to invest for inventory management cost.
SMED Service Example – Use of multiple servicing capability setup for cars, so that any type of car can be service with minor changes in the repair setup at the workshops.
Benefit – The repair shop did not required to wait for long time to run the repair work due to set up change, as the setup is capable for multiple repairs with minor modifications.
JIT Organization Example: Automobile organization should use JIT concept for material management and inventory management.
Benefits: JIT will help in reduced inventory cost , reduced warehousing cost, better quality products, avoid quality deterioration due to storage etc.
SMED Organization Example: Automobile organization which machines different product on a single line should use the SMED tool in manufacturing multiple designs at single production line.
Benefits: The organization will be benefited with quick change over and will not engage longer in changing the set up for different parts. Thus their productivity will be improved.
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