Just-In-Time Manufacturing

Paper Summary:

This paper examines the use of the Just-in-time manufacturing method. It describes the key strategy behind just-in-time manufacturing: less inventory means more cash, which is good for most businesses, and demonstrates the application of this principal. The author writes that with Just-in-time manufacturing, stock is wasteful and eliminated, but there are also negative effects on the environment involved in this alternative process.

From the Paper:

"Just-in-time manufacturing is a method of manufacturing goods that was developed by Toyota in the 1980's. Since that time, many companies around the world have begun to successfully implement just-in-time processes, including several companies in the United States. (Maskell, 1989)

"Just-in-time manufacturing is a method of manufacturing in which non-value-adding activities (or are identified and removed for the purposes of reducing costs, improving quality, improving performance, improving delivery, adding flexibility and increasing innovativeness."

More papers on Just-In-Time Manufacturing:

• Narrative Essay # 93568 : "Just-in-Time Manufacturing"
• Term Paper # 105563 : "Just-In-Time Inventory Systems"
• Research Paper # 91255 : "Just-in-Time Inventory and Quality Control"

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