Just-In-Time Inventory Systems 1.1. The Concept and Its Practices Just-In-Time (henceforth as JIT) is an integrated manufacturing process accredited to attain high-volume production by utilizing the lowest possible levels of inventory. A JIT dust sustains parts flow in order that inventories do not build up at any spot of the manufacturing process, enabling rapid completion and demanding active management involvement. Further, JIT struggles for provender of minimal levels of wholly(prenominal) types of inventories: raw materials, works-in-progress, and finished goods (Lieberman and Demeester, 1999). According to Giunipero et al. (2005), the JIT inventory formation - the Kanban concept - was for the first time developed in Toyota tire Corp. Additional details on the history of JIT atomic issuing 18 functional in Appendix. Even though the JIT manufacturing is presented and extol by the literature as a highly unspoiled and world-wide accepted concept, still for its n o-hit implementation various organizational sacrifices and huge managerial lying-in atomic number 18 required. As Pan and Yang (2004) claim, confidence and commitment in JIT ar considered to be one of the most important elements. By decently blending and integrating these components into the JIT manufacturing, partnerships with suppliers argon developed, and the required material controls atomic number 18 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 are considered to be poten tial source of competitive advantage. Additi! onally, intra-organizational commitment is demanded, where all of departments are cooperatively working on achieving common and pre-determined goals indorse up by the motivation from the management. Each company has different JIT system, which is developed in such way to fit the organizational needs. Nevertheless, all JIT systems endure two characteristics in common: the consumption of processes that systematically ferret out any operational inefficiency, and the calculate of apparatus for quick result to the recognized... If you want to get a full essay, order it on our website: BestEssayCheap.com
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