Just in time production advantages

Advantages of JIT ( just in time production0
Advantages of JIT are:
1. Exact delivery schedule is possible with JT practices.
2. Quality of product is improved.
3. Lower defect rate = lower inspection cost.
4. Lower – raw material inventory
- Inprocess inventory
- Finished product inventory
Resulting lower product cost.
5. Satisfy customer without delay in delivery.
6. JIT helps in effective communication and reduce waste.
7. Less shop floor space in required.
8. Employees morale is high due to effective working environment.
9. JIT reduces scrap.
10. JIT reduces rework