Theories and Techniques Just in time is an inventory strategy employed to increase efficiency and decrease wastes by receiving goods only when they are needed in the production process. Toyota Production System (TPS) is a production system that provides the best quality, lowest cost, and shortest lead time by eliminating waste (Chiarini & Vagnoni, 2015). TPS comprises of two pillars, namely just in time and jidoka. Lean production is a systematic method of minimizing waste within a manufacturing system without having to sacrifice on productivity. These three concepts are related in that they are all aimed towards the reduction and elimination of waste within the production system. The three concepts are mainly employed by manufacturing companies to improve their productivity. The advantages that Nissan gained from using the just in time strategy is that the company was able to rapidly increase its production and exports. The disadvantage of just in time to Nissan is that there were no spares available for meeting any unexpected demand. The advantage of using the TPS system at Nissan is that the company could have a close supply chain control ensuring that problems are identified easily and earlier. The disadvantage of TPS is that it is costly to implement the system and requires the dismantling of the existing systems....
Lean production offered Nissan an advantage of reduced warehouse needs thus saving on space and allowing the company to add new product lines.References
Chiarini, A., & Vagnoni, E. (2015). World-class manufacturing by Fiat. Comparison with Toyota production system from a strategic management, management accounting, operations management and performance measurement dimension. International Journal of Production Research, 53(2), 590-606.
Wiengarten, F., Pagell, M., & Fynes, B. (2013). ISO 14000 certification and investments in environmental supply chain management practices: identifying differences in motivation and adoption levels between Western European and North American companies. Journal of Cleaner Production, 56, 18-28.
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