A few weeks ago I wrote an updated article about Just in Time Manufacturing and it's use in the manufacturing of vehicles, mainly the assembly lines. Well, I then read a fascinating article about how this concept was used in another related industry - oil extraction. It seems that over the years, the cost of extracting oil has been rising and so has waste, inefficiences have … [Read more...]
Just In Time Manufacturing
I often wonder how products are made, not just cars but all machines, and I am curious about the factories that make them. They must make them at such a rate that there is a flow of the components going in and the products coming out. Years ago when I started writing my podcasts I learned about one methodology and I thought it was time to write a basic overview to give you a … [Read more...]
Just In Time Manufacturing
"Just In Time" manufacturing, like many concepts in the industry, has been around for 80 years or so. Henry Ford used an early version when he developed the first true production line and he didn’t want lots of money tied up in inventory. He had to bear in mind poor delivery methods which meant that he needed more inventory in storage than his production lines needed. One … [Read more...]