1. Roman MALÝ JUST IN TIME

3. What is it ? Production strategy Also called as TPS (Toyota Production System) In 1926 was used in Japan. Improves production

4. Philosophy Inventory=Waste Expose hidden cost Do not waste your time Premium quality of your gods

5. JIT Strategy Production planned by orders. Motivating people Make sure your production is premium quality Very often supplies (x times a day) Small production series Prevent from loss

6. Advantages Lower stock holding Your product is almost sold when you product it. Lower cost

7. Disadvantage Big amount of traffic Custom and spedition problems Un ecological

8. How to implement JIT You have to have good relationship with your suppliers You have to trust each other. You have to have good infrastructure in your country You have to choose good business partners. You have to place your factory to good position.

9. Thank you Good bye