Papers on "Just-in-Time Manufacturing" and similar term paper topics
Paper #093568 ::
Just-in-Time Manufacturing
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This paper discusses just-in-time manufacturing principles.
Written in 2007; 1,551 words; 22 sources; MLA;
$ 50.95
Paper Summary:
In this article, the writer examines the benefits of just-in-time (JIT) inventory management in industries where JIT is possible, and is appropriately and optimally used. The writer explains that JIT is a combined management philosophy/production system pioneered by the Toyota Motor Company of Japan in the 1950s. In addition, the writer explains key concepts and benefits of JIT inventory management. The writer concludes that other manufacturing companies with overstocked inventory and sluggish production processes could arguably learn much from studying successful JIT manufacturing operations.
Outline:
Introduction
Key Elements of JIT
Pitfalls of JIT
Getting Ready to Implement JIT
Toyota: JIT's First Success Story
Conclusion
From the Paper:
"Successful implementation involves planning and carrying out Integrated Process Control (IPC). The key component of IPC is continual improvement ("Kaizen" ). "Kaizen" is also directed toward producing quality at low cost. Companies that plan JIT to meet their needs often benefit in profitability, productivity, and customer satisfaction. Production on demand reduces inventory, eliminates waste, ships faster, and pleases customers."
"Ayers notes that even now most companies exist in a state of what he calls the "Functional Paradigm": consisting of individual "functional" departments, each with its purpose and agenda. Such departments are led by strong, single-minded managers, with little concern for needs of other departments, or, for that matter, their own departments' relationship(s) to the supply chain. In companies without JIT non-value-added tasks: storage, care, inventory repair, etc., can delay shipment and reduce profit."
Tags:
inventory industry cost-efficient system
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