A study of the method of Just-in-Time manufacturing for business organizations.
Written in 2002; 1,020 words; 10 sources; MLA; $ 36.95
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."
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