Primary elements of zero inventories, Business Management

Assignment Help:

Just  in time  production is defined as philosophy that  focuses attention on eliminating waste by purchasing or manufacturing  just enough of the right items just in  time

It is  a Japanese management philosophy  applied in manufacturing which  involves having the right  items  of the right quality and quantity in the right  place and  at the right time.

Some  observers have called JIT hand to mouth approach to production. It  aims  at having the right  part at  precise right time  and in the right  quantity to go into assembly.

According  to APICS ( American  Production and Inventory  Control  Society .) J IT  is a philosophy  of manufacturing based on planned elimination of all waste and continuous  improvement of productivity. It encompasses the successful execution  of all manufacturing  activities  required  to produce a final product from engineering to delivery and including all stages of conversion from  raw materials onwards.


Related Discussions:- Primary elements of zero inventories

Describe market development life cycle, Discuss the movement of a technolog...

Discuss the movement of a technology of your choice through the 'Market Development Life Cycle' presented by Geoffrey A. Moore (2004) in Darwin and the Demon: Innovating within Est

Critically discuss how to make effective group decisions, QUESTION 1 Cr...

QUESTION 1 Critically discuss the different common decision making traps. Support your answers with relevant examples QUESTION 2 Critically discuss how to make effectiv

Workforce diversity and organisational excellence, In today's fast-paced wo...

In today's fast-paced work environment a successful organisation is one where diversity is the norm and not the exception. It is the approach to diversity, not the diversity itself

What are the characteristics of a good plan, QUESTION 1 (a) What are the...

QUESTION 1 (a) What are the characteristics of a good plan (b) Discuss the circumstances under which planning might fail. QUESTION 2 F. Hertzberg made a distinction bet

Strategic direction perspective, The IMP focuses on the analysis of the cur...

The IMP focuses on the analysis of the current position of an organisation with which you are familiar and the valuation of managerial alternatives (decisions) for maximising its v

Agency law, Aagency lawsk question #Minimum 100 words accepted#

Aagency lawsk question #Minimum 100 words accepted#

Working with other cultures, In this assignment, you will consider the pote...

In this assignment, you will consider the potential challenges and solutions that are inherent when working with other cultures. Identify a country and research the communication a

Define the term quality, Quality Management Principle 1. Define the ter...

Quality Management Principle 1. Define the term Quality. 2. What is the objective of Reliability? Discuss various issues involved in ensuring Reliability. 3. What are the

MISS, DISCUSS THE LAYOUT OF THE WORK SPACE TO PREVENT ACCIDENTS AND INJURIE...

DISCUSS THE LAYOUT OF THE WORK SPACE TO PREVENT ACCIDENTS AND INJURIES?

Autocratic leadership, Autocratic leadership: The autocratic leadershi...

Autocratic leadership: The autocratic leadership styles authorize nurse manager to make verdict unaccompanied with no participation of others. Managers own entire ability and

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd