Preview

Just In Time Project

Satisfactory Essays
Open Document
Open Document
1079 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Just In Time Project
Just-in-time
Simulation
Abilla, Pete. "Just In Time Inventory: Modeling The Impact of Variability with Monte Carlo Simulation." Shmula. Shmula, n.d. Web. 01 Mar. 2014. <http://www.shmula.com/just-in-time-inventory-variability-monte-carlo-simulation/9406/>.
This website offers a good simulation of Just-in-time inventory controls and offers a Monte Carlo Simulator to show how just-in-time systems can work.

Videos
Saffold, Laura. "JIT (Just in Time Manufacturing)." YouTube. YouTube, 16 Oct. 2011. Web. 28 Feb. 2014. <http://www.youtube.com/watch?v=CBFKBf1rOyo&list=UUagoK4x-y9js5oncQwrMkDg&feature=c4-overview>.
This video is very informative and explains Just-in time in an easy to understand slide show. The video ends with an interactive quiz to check the viewers understanding of the information presented.

Holman, Victor. "Just In Time (JIT), Logistics Systems and Supply Chain Management." YouTube. YouTube, 15 Oct. 2011. Web. 27 Feb. 2014. <http://www.youtube.com/watch?v=06YW9MnUTF8>.
This video brings in the connection of just-in-time and how it can relate to logistics and the supply chain. This video was very basic in its explanations but it does a good job of getting the point across.

Tutorials
Johnson, Ian. "Just in Time (JIT) Supply Chains." YouTube. YouTube, 09 June 2012. Web. 23 Feb. 2014. <http://www.youtube.com/watch?v=Hnp-uswyYlg>.
This is a video that explains Just-in-time in an easy to understand form. After watching this video, the viewer will have a better understanding of the Just-in-time inventory. Ian Johnson focuses on the automotive industry and explains some of the difficulties associated with implementing JIT.

Frey, Thomas. "Manufacturing On-Demand: The Shift to a Just-in-Time Supply Chain." YouTube. YouTube, 01 Apr. 2013. Web. 23 Feb. 2014. <http://www.youtube.com/watch?v=AAcX0SRjOCw>.
This tutorial video explains how to go from a just in case system to a just-in-time system. The author uses plenty of understandable examples of ways that

You May Also Find These Documents Helpful

  • Better Essays

    Supply Chain Task 1

    • 2621 Words
    • 8 Pages

    References: Ahmed, S. (2014, March 25). Just in Time (JIT) Manufacturing and Inventory Control System. Retrieved from Management Accounting: http://accounting4management.com/just_in_time.htm…

    • 2621 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Chase, R. B., & Jacobs, F. R. (2011). Operations and Supply Chain Management, 13e. Boston: McGraw-Hill Irwin.…

    • 1637 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Leong, W. T. (2012). Principles of Supply Chain Management . Mason OH Page 54, 112-113.…

    • 1357 Words
    • 6 Pages
    Better Essays
  • Better Essays

    References: Bozarth, C.C. and Handfield, R.B. (2012). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall…

    • 1115 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Qrb/501 Week 2

    • 2962 Words
    • 12 Pages

    References: Accounting for Management. (2009). Just In Time Manufacturing and Inventory Control Systems. Retrieved from http://www.accountingformanagement.com/just_in_time.htm…

    • 2962 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    The Just-In-Time (JIT) approach is based on the insight that reducing inventories can be the key to improving operations. Work in process inventories (i.e., inventories of partially completed goods) create a number of problems:…

    • 48158 Words
    • 193 Pages
    Powerful Essays
  • Good Essays

    Case 2

    • 504 Words
    • 3 Pages

    A firm specializing in motor homes located in Kalamazoo, Michigan. Discusses changes in inventory and other cost since the recent expansion of its market from the local Midwest to a national one. The companies also have to deal with another major problem because it only manufactures a few of it components while the others are purchased form outside vendors. In an attempt to reduce component part expenses, the president of the company considers implementing the Just-in-time system in his firm. The just in time is a system developed by Toyota designed to control quality develop supplier and distributors’ relationship and minimize inventory.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Procurement

    • 2706 Words
    • 11 Pages

    Bozarth CC, Handfield R B 2006, Introduction to operations and supply chain management, 2nd edn, Pearson Education, New Jersey…

    • 2706 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    References: Bozarth, C., & Handfield, R. (n.d.). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, NJ: Pearson Prentice Hall.…

    • 1088 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Realco Breadmaster Company

    • 1027 Words
    • 5 Pages

    References: Bozarth, C.C., and Handfield, R.B. (2008). Introduction to operations and supply chain management (2nd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall.…

    • 1027 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Lean Operations

    • 2769 Words
    • 9 Pages

    LEE, S.M. and EEBRAHIMPOUR, M. (1984). Just-In-Time Production System: Some Requirements for Implementation. International Journal of Operations & Production Management, 4 (4), 3 - 15.…

    • 2769 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Just-in-Time is an inventory management philosophy that aims to reduce inventories by implementing systems and processes to supply a product or service exactly when it is needed, and how it is needed in the production process. The concept of JIT is widely accepted today by many American manufacturing companies, and it is a means of controlling costs through striving to maintain lean inventories—in fact, the concept of JIT was introduced in the early 1980’s to the U.S. as a concept know as “zero inventories”. This inventory control concept involves close relationships with vendors or suppliers, who are able to provide components of the product direct to the work-in-process area, in a “pull” type fashion, whereby the components are delivered immediately before they are required. Since the introduction of the JIT concept, it has evolved to become a management philosophy that requires a corporate-wide commitment to do a process right the first time, and to reduce non-value added activities in the manufacturing process. Because the concept largely centers on this element of focusing on the elimination of waste in the manufacturing process, the JIT concept emphasizes the need for the supplier and the receiver of goods to never have to wait on the other. Ideally, the concept is beneficial to both supplier and manufacturer in this way, because it allows both companies to reduce their Work In Process (WIP) and finished goods inventory, while reducing inefficiencies and bottlenecks in the system—thus cutting costs and improving profitability.…

    • 2057 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Premium Freight Logistics

    • 599 Words
    • 3 Pages

    Just-in-time manufacturing is a tremendous advantage in supply chain when everything works perfectly. However, there are many chances that will cause the delay, such as an overseas supplier has equipment problems, environmental factors delay deliveries or defective parts are discovered on the assembly line.…

    • 599 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Just in time is a stock managing system that works on the basis of not keeping a buffer stock, it’s a ‘pull’ system of production so the order for a good, signals when a product should be manufactured. This system allows there to be low storage costs as spare parts arrive at the factory when they need to be used in the production line, which reduces the storage costs drastically.…

    • 443 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The organizational structure is a formal pattern of interaction and coordination in an organization that is laid out by the top management to link task of individuals and groups in achieving organizational goals (Daft, 2010). Sunshine Hotel follows a divisional structure, in which departments are grouped according to similarities of product, service or market. It is also referred to as a program structure. Each division has its individual functions to peruse its own goals without depending on other divisions.…

    • 9058 Words
    • 37 Pages
    Powerful Essays