1BusinTime(JIT)SystemsalityManagement(TQM)2ThreeElementsofJIT3Outlinen-TimePhilosophyersGoalsofJITPartnershipsConcernsofSuppliersayoutDistanceReductionIncreasedFlexibilityImpactonEmployeesReducedSpaceandInventory4Outline-continued5LearningObjectives6anythingotherthantheminimumamountofequipment,materials,parts,space,er’stime,whichareabsolutelyessentialtoaddvaluetotheproduct.’—ShoichiroToyodaP...