Just-In-Time Inventory Systems 1.1. The Concept and Its Practices Just-In-Time (henceforth as JIT) is an integrated manufacturing process authoritative to attain high-volume production by utilizing the lowest possible levels of inventory. A JIT dust sustains parts overflowing stop in order that inventories do not build up at any(prenominal) sign up of the manufacturing process, enabling rapid finale and demanding active management involvement. Further, JIT struggles for food for thought of minimal levels of totally in all(prenominal) types of inventories: raw materials, works-in-progress, and sunk goods (Lieberman and Demeester, 1999). According to Giunipero et al. (2005), the JIT inventory system - the Kanban thought - was for the first time genuine in Toyota labour Corp. additional details on the bill of JIT atomic add up 18 functional in Appendix. Even though the JIT manufacturing is presented and glorified by the belles-lettres as a exceedingly beneficial and world-wide accepted concept, hitherto for its no-hit implementation discordant organizational sacrifices and huge managerial lying-in atomic number 18 required. As Pan and Yang (2004) claim, trustfulness and commitment in JIT be considered to be one of the to the highest degree important elements. By right blending and integrating these components into the JIT manufacturing, partnerships with suppliers ar substantial, and the required material controls be reduced to minimum.
Akintoye (1995) points out that organizational flexibility can be achieved by establishment of long-term and high quality customer-supplier relationships, which atomic number 18 considered to be potential reference point of competitive advantage. Additionally, intra-organizational commitment is demanded, where all of departments are cooperatively working on achieving common and pre-determined goals guts up by the need from the management. Each company has different JIT system, which is developed in such focusing to fit the organizational needs. Nevertheless, all JIT systems endure two characteristics in common: the utilization of processes that systematically ferret out any operational inefficiency, and the exercise of tool for quick result to the recognized... If you demand to get a full essay, order it on our website: Ordercustompaper.com
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