Just In Time Inventory Systems
Title: Just In Time Inventory Systems
Category: /Business & Economy
Details: Words: 2834 | Pages: 10 (approximately 235 words/page)
Just In Time Inventory Systems
Category: /Business & Economy
Details: Words: 2834 | Pages: 10 (approximately 235 words/page)
Just In Time Inventory Systems
Overview
JIT is an integrated manufacturing process designed to achieve high-volume production using the smallest inventories possible. JIT systems maintain parts flow so that inventories do not build up at any stage of the manufacturing process, allowing rapid completion and requiring active management of the production process. JIT strives to maintain minimal all inventories: raw materials, works-in-progress, and finished goods (Waters-Fuller, 1995).
Most manufacturing historians trace the Just In Time (JIT)
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Journal of Operations & Production Management, 15 (5). 72-83.
Swanson, C., Lankford, W. (1998). JIT Manufacturing. Business Process Management Journal, <Tab/>4 (4). 333-341.
Waters-Fuller, N. (1995). Just-in-time Purchasing and Supply: A Review of the Literature. <Tab/>International Journal of Operations & Production Management, 15 (9). 220-236.
White, R., Pearson, J. (1999, January). JIT Manufacturing: A Survey of Implementations in <Tab/>Small and Large U.S. Manufacturers. Management Science, 45 (1). 1-15.