September 2023 Business Finance Assignment
Perform a search either on YouTube or Ted Talks specific to, “Just In Time” production or, “Lean” production of your choice. Please provide the link you have selected and complete a write up on the video.
Please ensure to include the following in your discussion to receive full credit:
- Why was there a need to implement JIT/Lean processes?
- Describe how methods were applied to the specific company, product or service.
- What was the quantifiable change following the implementation of these methods?
- Was the application of JIT/Lean successful to the process?
Ensure to provide a descriptive summary and thought provoking discussion.