Just in Time approach to manufacturing
2006-07-25 23:55:50 · 3 answers · asked by rajesh 1 in Education & Reference ➔ Higher Education (University +)
I think its Japanese. They came up with this concept to cut down on the cost storage, having to stock up on items that you dont know if you will have demand for anyway. Dell practices this, you place an order for a pc and they build it just for you and deliver on the said date. they dont stock them up, and that is why they dont have a high street shop where you can just walk in and buy stuff off the shelf!
Read more at www.marketingteacher.com
2006-07-26 00:09:50 · answer #1 · answered by Matrix 2 · 0⤊ 0⤋
Just-in-Time is a philosophy of operation that is initially devised by Japanese companies as an alternative to the use of inventories for meeting the customer service objective of having the right product at the right place at the right time. It is a method of managing the supply channels. The definition of Just-in-time is given as follows:
"A philosophy of scheduling where the entire supply channel is synchronised in response to the requirements of operations or customers."
For Comparative Effects of Just-in-Time Approach open the site:
http://cwis.livjm.ac.uk/bus/busndere/ae3037/invmod.htm#9.6.
Go to Lecture 9.6
BEST OF LUCK
2006-08-02 05:52:55 · answer #2 · answered by PK LAMBA 6 · 0⤊ 0⤋
See
2006-07-26 07:00:33 · answer #3 · answered by nice guy 5 · 0⤊ 0⤋