FratFiles

• Save Paper

Introduction:
In today’s business environment, the battleground is changing from high volume, low variety, make to forecast manufacture to the speed and flexibility necessary to respond to changing consumer tastes and to competitor activity. High quality products and services, lower cost and shorter delivery lead time are the deciding factors to obtain new business or new order. A flexible production system such as Just in time must be in place in order to meet these requirements and stay competitive in the business. Table 1 and Table 2 shown below explain how Just in time can provide different forms of competitive advantage and how Just in time can support the company strategies.

Table 1: Just in time and competitive advantage (Alan Harrison, 1992)
WIP reduction Lower cost manufacture
Reduced order to delivery lead time
Increased flexibility Responsive to customer demands,

volume, short lead time, product change.
Raw material reduction Lower cost manufacture......

View the rest of this paper...

Approximate Word Count: 1890
Approximate Pages: 8 (250 words per double-spaced page)

Similar Essays

1. Just In Time
   

   Just In Time. 1. Executive ... time. The Just in Time system however is a process
   that produces necessary products as required. This ...

2. Just In Time
   

   just in time. Survival is one of the most important objective in company. ... One of
   the strategies which is very popular is Just In Time (JIT) strategy. ...

3. Just In Time Systems
   

   Just In Time Systems. ... The most efficient way to get this done is through the
   use of a Just-In-Time (JIT) system of inventory management. ...

4. Just In Time
   

   just in time. 1. Introduction ??Just-in-Time'' (JIT) means different things
   to different people. ... 2.1 What is Just in Time (JIT)? ...

5. Just In Time
   

   Just in Time. ... Just-in-time means, quite literally, that an assembler on a line
   receives his consignment of parts "just in time" to use them. ...