Open AccessTo Study the Impact of Just-In-Time System
Author(s) -
Yap Jessica,
Shahryar Sorooshian
Publication year - 1970
Publication title -
journal of management and science
Language(s) - English
Resource type - Journals
eISSN - 2250-1819
pISSN - 2249-1260
DOI - 10.26524/jms.2013.69
Subject(s) - production (economics) , operations management , business , process (computing) , process management , computer science , industrial organization , manufacturing engineering , economics , engineering , microeconomics , operating system
The purpose of this research is to study the Impact of Just-In-Time (JIT) system on inventory and financial performance. JIT production has received a great deal of attention, worldwide, since its introduction in Japan a few decades ago. It has been well documented that some of the main benefits of JIT implementation are reduction of inventories and cost savings. JIT philosophy has been primarily used in manufacturing operations to manage materials and other productionactivities. The overall goal of JIT is to eliminate waste and it is a continuous process that can be viewed in terms of the extent to which the culture and philosophy of JIT permeates the organization.