JIT AND LEAN THINKIN1.docx

JIT AND LEAN THINKIN1.docx - LEAN THINKING JIT AND LEAN...

This preview shows page 1 - 3 out of 4 pages.

LEAN THINKING 1 JIT AND LEAN THINKING NAME OF THE COURSE PROFFESSOR NAME OF INSTITUTION DATE
Image of page 1

Subscribe to view the full document.

LEAN THINKING 2 Question 1 JIT and Lean Thinking There are several manufacturing companies in Saudi which have adopted the JIT inventory model, there are several reasons as to the companies have adopted the JIT model. This paper will briefly describe some of the reasons as to why the companies have adopted this model and the benefits from suppliers to lean users( Zhou 2016). Main functions of lean and JIT The first reason as to why most of the companies have adopted the just in time model is because the model results to reduction in waste, this model has a faster turnaround of stock which helps in preventing goods from becoming obsolete or damaged while being kept in storage thus reducing waste. It is also evident that most companies are adopting the just in time model because it save money for the company and this is achieved by prevention of investment in unnecessary stock, as well as reduction of the need to replace old stock which is in existence.
Image of page 2
Image of page 3

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern