Just-in-time: Problematic or Possible?

Just-in-time: Problematic or Possible?

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.

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		2 Eric Schmitz Consultant, Belgium
	JIT = Focus on Customer Just-in-time is focussing very deeply, very consequently on the customer. JIT is used to increase th... Sign up

		1 Faustine Panga Student (MBA), Tanzania
	J.I.T. concept is just shifting a burden in the supply chain The J.I.T. concept in the supply chain is just shifting a burden from one part of the supply chain t... Sign up

		4 Eric Schmitz Consultant, Belgium
	Mis-use of Just-in-time There is a lot of powergame being played in the supply chain. Quite often JIT is abused to serve sho... Sign up

		1 Joe Marshall Management Consultant, United Kingdom
	JIT is a Benefit to the Supply Chain As somebody who implemented Lean in his own company, had 1.5 day's of stock and my nearest supplier... Sign up

		1 Dyan Constantine Mexico
	Communication is the Catalyst for JIT @Eric Schmitz: whilst communication may not be sufficient, I can tell you that it starts there . Of... Sign up