Abstract

This paper presents a literature review of the use of the Just in Time methodology as a competitive differential in companies that seek to control and manage their stocks using this tool. The Just in Time philosophy has undergone several changes throughout its development process by Toyota Motor Company. The first concept was to increase profits. To do so would have to increase the selling price. Thinking about market competitiveness this reasoning would not hold for long and was soon rethought to something more logical and that could please customers in business. Coming to the conclusion that minimizing costs would increase profits. The first surveys pointed the direction from where to begin modifications in the production process, which would be in improving the flow. From this observation began the Just in Time production system that proposes: zero inventory, reduced process time, quality, production on demand, eliminate losses and defects, automate processes and identify standardized operations. The objective research goes through book searches referring to inventory management, materials management, production planning and control among others described in the references. Thus, the work studied the emergence and evolution of the Just in Time methodology and its evolution the advantages and disadvantages of implementation and the understanding of pull production

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