Just-in-time: Problematic or Possible?

Just-in-time
Knowledge Center

 

Next Topic

Just-in-time > Best Practices > Just-in-time: Problematic or Possible?

Just-in-time: Problematic or Possible?
Dyan Constantine, Mexico, Member

Just-in-time (JIT) has always been a troublesome part of the management of any supply chain. However, it is feasible if the parties have a better understanding of their respective roles and the value each must bring to the chain. Managing a supply chain is never an easy feat, it requires dedication and great communication among all parties. It also requires skill in balancing the inventory needs from both a financial and sales perspective. The sales people requires inventory to meet the targets, however, if there is too many item in stock it mops up all the liquidity which could be used to achieve greater competitive advantage, this will be a headache for the finance department. So how do we go about satisfying both? Improve communication which will result in improved planning geared towards having just what is needed, when it is needed. For this to be achieved, the supplier(s) has a pivotal role to play. (...) Read more? Sign up for free
 

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


 
JIT = Focus on Customer
Eric Schmitz, Consultant, Belgium, SIG Leader

(...)
 

 
J.I.T. concept is just shifting a burden in the supply chain
Faustine Panga, Student (MBA), Tanzania, Member

(...)
 

 
Mis-use of Just-in-time
Eric Schmitz, Consultant, Belgium, SIG Leader

(...)
 

 
JIT is a Benefit to the Supply Chain
Joe Marshall, Management Consultant, United Kingdom, Member

(...)
 

 
Communication is the Catalyst for JIT
Dyan Constantine, Mexico, Member

(...)
 

         
Special Interest Group Leader
Eric Schmitz
Consultant

Just-in-time
Summary
Forum
Best Practices


Just-in-time
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.4 - Last updated: 5-4-2020. All names of their owners.