The just-in-time production method, as explained in The Lean Startup, is a strategy used in the manufacturing process to increase efficiency and decrease waste. This method involves producing goods to meet demand, exactly when they are needed in the production process. This means that inventory levels of raw materials and finished products are kept to the minimum, reducing the costs associated with holding inventory. It also allows for quicker identification and resolution of any problems or defects, as goods are not produced far in advance. This method is part of the lean startup methodology, which aims to eliminate waste and increase production speed and efficiency.
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New business ventures are both exciting and risky. New ventures are risky as the main idea may or may not work, yet the chances of success are much gr...
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In keeping with the premise of a lean and fast startup, once a vision is being steered in the right direction, it's time to hit the gas. Readers will learn that this phase is designed to keep things moving while improving along the way. They will learn how to us the "small batch approach" to get through the feedback loop quickly. They will learn production methods like the "just-in-time" method that keeps innovation and design efforts efficient and effective.
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