Assumptions of Just-in-time (JIT)

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

Assumptions for effective JIT: 1. It depends on the type of product a company is manufacturing. JIT works best in food (perishable) business, fashion but can also be applied in cars manufacturing like in Toyota. 2. Deep buyer-supplier relationships 3. Buyer should be close to the supplier in terms of location 4. Effective two-way communication between buyer and supplier 5. Good demand forecasting or stable demand. 6. Suppliers should be agile (if there is a high fluctuation in demand, suppliers should be able to adjust and meet the required demand) 7. Effective collaboration and integration between the different partners in the supply chain. (...) 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 in Retailing and Manufacturing kambam vedantan
	The JIT approach is applicable in retailing as much as manufacturing. It's basically about managing inventories to correlate with demand & supply of products. In my opinion JIT is now more relevant than before, since companies are facing a resource crunch. It helps them to plan & organize funds so that both the manufacturer & supplier will benefit.

		Conditions of Just-in-time (JIT) Peer Gelser
	(...)

		Make sure you have a backup plan Greg
	(...)

		Non-applicability of JIT for Retailing Manikandan
	(...)

		Assumptions of Just-in-time (JIT) Makarand
	(...)

		Ishikawa Quality Circles Hisham Najam, Student (University), Italy, Member
	(...)