Just-in-time inventory is one of the major developments in operations management. Identify a company that is currently using JIT. Describe how JIT is supporting their business strategy and the future operations of the company. Your report should include how JIT is used to deliver products or services in just the right quality and quantity and at the right time. Uniform Plant Loading is an important concept of JIT. Your report should include the application of this concept in support of operations for your selected company. It should also include the description of some JIT supplier relationship techniques that can reduce inventory while meeting the demands from the customers. Select a company that is using JIT.  Your company can be a local, national or international company. Describe how JIT is supporting their business strategy or mission statement and future operations. Discuss how JIT is used to deliver products or services in just the right quality and quantity and at the right time. Discuss the application of Uniform Plant Loading in support of the operations of your selected company. Discuss some JIT supplier relationship that can be used to reduce inventory while meeting the demands from the customers.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

Just-in-time inventory is one of the major developments in operations management. Identify a company that is currently using JIT. Describe how JIT is supporting their business strategy and the future operations of the company. Your report should include how JIT is used to deliver products or services in just the right quality and quantity and at the right time. Uniform Plant Loading is an important concept of JIT. Your report should include the application of this concept in support of operations for your selected company. It should also include the description of some JIT supplier relationship techniques that can reduce inventory while meeting the demands from the customers.

Select a company that is using JIT.  Your company can be a local, national or international company.

Describe how JIT is supporting their business strategy or mission statement and future operations.

Discuss how JIT is used to deliver products or services in just the right quality and quantity and at the right time.

Discuss the application of Uniform Plant Loading in support of the operations of your selected company.

Discuss some JIT supplier relationship that can be used to reduce inventory while meeting the demands from the customers.

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Lean supply chain
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.