International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056 Volume: 11 Issue: 07 | July 2024
www.irjet.net
p-ISSN: 2395-0072
“An Investigation of JIT (Just in time) Approach in Inventory Control of Ongoing Construction Project ” Ms. Sayali. S. Mohite1, Prof. A. V. Hankare2 1PG Student, Civil (Construction Management), Tatyasaheb Kore Institute of Engineering and Technology,
Warananagar, Pin – 416113, Maharashtra, India
2Assistant Professor, Dept. of Civil Engineering, Tatyasaheb Kore Institute of Engineering and Technology,
Warananagar, Pin – 416113, Maharashtra, India ---------------------------------------------------------------------***--------------------------------------------------------------------“agency production specializing in what is precisely required Abstract - Just in Time (JIT) method is a production
in how plenty amount & when it's far to be required”. The enterprise production that is customers call for. If we describe just in time then it is a technique for manufacturing the essential items, with appropriate exceptional, in required portions. It implies that organisation could make do with their personal assets and allocate them without any trouble.
technique which improves efficiency of manufacturing. JIT technique is “Industry manufacturing the product only which is required, when it is required & in how much amount it is required. The Industry manufactures the product what the demand from client, to real requests. Just in time approach also explained as manufacturing the required products, with appropriate quality as well as in required quantities, for safe moment. This means that the industry will utilize their selfresources & allotting them the work without any problem. Inventory management is a significant function in order to increase productivity in construction projects. In Inventory management includes arrangement of materials, choosing proper supplier & examination, procuring of material, expenses, delivery, material conveyance & its distribution. Today construction industry needs to minimize cost in addition to improve quality and on-time delivery. According to lean manufacturing, “inventory€• is important factor of any construction firm that increases cost, reduces profitability and requires more working capital without adding any value to the customer and organization. Unfortunately, in our traditional accounting system, inventory plays role as an “asset€• whereas it is a most expensive â œliability€•. This fact was discovered by Toyota Motor Corporation and they developed a unique â œJust-In-Time€• technique to reduce inventory to the minimum possible degree.)
Chart-1 JIT generally identifies four types of waste to be reduced:
Key Words: Just In Time, Inventory Control, Conventional Method, MSP Analysis
i.
Waste because of Overuse
ii.
Waste in the transportation
1.INTRODUCTION
iii. Waste of ideal time
Simply in Time (JIT) technique is a production method which used for completing project within time. JIT method is, “agency production that specialize in what's exactly required in how a whole lot quantity & when it is to be required”. The business enterprise manufacturing which is clients demand. If we describe simply in time then it is a way for manufacturing the crucial gadgets, with suitable first-rate, in required quantities. It means that business enterprise can make do with their very own property and allocate them with none problem.
iv. Stock Waste 1.1 Potential Benefits of JIT The positive results of JIT application in the development industry include:
Just in Time (JIT) approach is a production methodology which used for finishing venture inside time. JIT method is,
© 2024, IRJET
|
Impact Factor value: 8.226
|
Strengthening the competitive advantage of companies so that they reliably and permanently meet the requirements of the Customer.
Improving the character of construction materials and parts.
ISO 9001:2008 Certified Journal
|
Page 49