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This paper will discuss the importance of Just in Time materials management, as well as a brief history. Furthermore, we will provide a complete view of how the system is implemented and sustained through the use of daily metrics and visual management. Just in Time has a long standing proven history of minimizing the affects of high cost raw materials with long lead times.
JIT philosophy
Just in Time requires a discipline that comes from understanding today's business environments. Recently companies have been moving towards a more matrix type business structure. What this means is all of the assets necessary to bring a product from raw material to finished goods have been place into one reporting structure based on a product or process...
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Common topics in this essay:
- inventory management
- Competency Inventory
- Improving the inventory process
- Inventory Management
- Inventory Systems Improvement
- Inventory Valuation
- inventory models
- Just in time inventory
- Retail Inventory
- Riordan Inventory And Manufacturing Process Improvement Business Requirements
- Interest Inventory
- Inventory of the lost
- Inventory
- Retail Inventory
- Inventory Policy
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