JIT Inventory and Lean Manufacturing

Paper Summary:

The paper explores today's most popular enhanced business practices that aim to achieve a competitive advantage through internal operations, namely, the two techniques of just in time (JIT) production and lean manufacturing. The paper focuses on JIT as the integrated business operations system that most effectively adapts a culturally comprehensive model of business practice in this day and age. The process called kanban and its guiding principles is described. The paper then moves on to lean manufacturing, and defines and examines it as a specific element of change that will optimize the overall JIT goals of an organization.

From the Paper:

"We are in a new business age. Business processes need to be streamlined in accordance with the accelerated rate of information available and released in today's business world. Product innovation as well as supply chain efficiency then becomes the driving force in business in this day and age. In light of their heightened priority, business operational techniques have been devised and applied, as systems most appropriate to advancing competitive advantage within the new business model of today's global environment. Hard work and customer service are no longer enough; efficiency in the supply chain and manufacturing process must be achieved to reduce costs and increase customer satisfaction through more efficient product delivery."

Sample of Sources Used:

• Chapman, Christopher D. "Ready, set, monitor: is MDI in your lean production system?." Industrial Engineer 39.6 (June 2007): 40(4).
• "Cheering operational excellence: lean and Quality Conference ADDS benchmarking, workshops.(KEEPING PACE WITH IIE)(Conference news)." Industrial Engineer 39.9 (Sept 2007): 59(1).
• Chen, Hong, Murray Z. Frank, and Owen Q. Wu. "What actually happened to the inventories of American companies between 1981 and 2000?." Management Science 51.7 (July 2005): 1015(17).
• Hum, Sin-Hoon, Shrafali, Moosa and Teo, Chung-Piaw Teo. "Staggering periodic replenishment in multivendor JIT environments." Operations Research 53.4 (July-August 2005): 698(13).
• "Kanban to size.(Brief article)." Industrial Engineer 39.3 (March 2007): 15(1).

More papers on JIT Inventory and Lean Manufacturing:

• Term Paper # 105032 : "Toyota's Lean Production"
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• Dissertation or Thesis # 98537 : "Demand-Driven Supply Networks (DDSN)"

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