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approaches, business, chain, efficiency, exploration, inventory, jit, kanban, lean, manufacturing, production, storage, supply, time
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Term Paper # 116543 :: JIT Inventory and Lean Manufacturing
An exploration of the business approaches of just in time (JIT) inventory and lean manufacturing.
Written in 2009; 2,923 words; 8 sources; MLA; $ 86.95
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."

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