These papers are to be used for research/reference purposes only. These papers are provided to help students write their own paper. All papers should be used with proper references.
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[Just In Time 1]
Running Head: Just In Time
Just In Time
[Student 's Full Name]
[University 's Name]
[Instructor 's Name]
[Course Title]
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[Just In Time 2]
ABSTRACT
Globalization has started a competition among all and thus every organization need to be strategically sound in order to survive. In order for a company to survive, the most important aspect is about how far the company may is willing to improve on its productivity. For this purpose the implementation of JIT may be considered as the most important aspect. Thus the quality may be improved in a minimal time frame without any additional cost of labor and a lesser chances of wastage. The system of JIT became popular since 1980 's due to the Japanese firms continuously implementing for improving productivity.
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[Just In Time 3]
Just In Time
_Introduction_
The process of Just In Time is best for the elimination of excess production, wasted steps and materials. This concept was initially developed in 1950 Japenese Toyota Motor Co. employee, Mr. Taiichi Ohono. On his visit to America, he noticed how Henry Ford works and started to take notes. The strategies related to the supply chain uncertainties, transportation, logistics and warehousing are dealt with ease in just in time approach. JIT is a useful process, since it makes use of unused amount (Black, 2009, 500-501).
_Discussion_
For the success of any organization, it is important that the company is willing to implement the strategies that would strengthen the process of accounting and financial aspects. Just in Time is the strategy implemented for the purpose of operating as well as developing manufacturing system. It is a useful process where wastage is eliminated through the proper utilization of resources. The purpose of it is to cut off the
References: Black, Ken. (2009). _Business Statistics: Contemporary Decision Making_. John Wiley & Sons. ISBN: 0470409010, 9780470409015. Pp 500-501. Garoma, Temesgen. (2012). Implimentation of Just-in-Time Production System: Building Blocks and Guiding Principles. Lambert Academic Publishing. ISBN: 3848448793, 9783848448791. Pp 100-101. Hansen, Don & Mowen Maryanne. (2010). _Cornerstones of Cost Accounting._ Cengage Learning. ISBN: 053873678X, 9780538736787. Pp 800-801. Hirano, Hiroyuki. (2009). _JIT Implementation Manual: The Complete Guide to Just-in-Time Manufacturing_. C R C Press LLC. ISBN: 1420090135, 9781420090130. Pp 800-801. Kerzner, Harold. (2009). _Project Management: A Systems Approach to Planning, Scheduling, and Controlling_. John Wiley & Sons. ISBN: 0470503831, 9780470503836. Pp 920-921. Monden Yasuhiro. (2012). _Toyota Production System: An Integrated Approach to Just-In-Time_. CRC Press. ISBN: 143982097X, 9781439820971. Pp 66-61.