Management
Management
Introduction
This report seeks to evaluate lean systems, inventory management, aggregate production planning and master scheduling and recommend the best philosophy to be adopted by Unico Plant.
Lean system, which is also known as Just in Time (JIT) system refers to a system that seeks to purchase or produce components or products when they are required for use or by customers and not for stock. Lean system is a pull system that responds to consumer or internal demand. Therefore, lean systems can be applied in both production and purchasing. Lean systems seeks to eliminate non-value adding activities, keep zero inventory, have ...