Reply to Just in Time - lower cost to meet the JIT needs of...

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Reply to Just in Time I really liked the application of Just in Time techniques with the examples provided using Wal-Mart as the major player. Furthermore, I completely agree that because Wal-Mart has mastered this technique that it has contributed to making them the mega retail giant that they are today. In the thread, the author mentioned “there’s a great emphasis on organizations supply chain strategies”. I found this interesting and found research that backs up the statement. The integration of the Just-In-Time (JIT) system with supply chain management has been attracting more and more attention recently. Within the processes of the JIT system, the upstream manufacturer is required to deliver products using smaller delivery lot sizes, at a higher delivery frequency. For the upstream manufacturer who adopts sea transportation to deliver products, a collaborative third party logistics (3PL) can act as an interface between the upstream manufacturer and the downstream partner so that the products can be delivered globally at a
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Unformatted text preview: lower cost to meet the JIT needs of the downstream partner (Wang, 2010). Technology is vital to the success or failure of a supply chain. In conclusion, one of the main reasons supply chains are unsuccessful, is due to management not devoting the necessary time required. When management is overworked or understaffed, they are unable to devote adequate time to their business’ supply chain. Supply chains must be evaluated and changes must be made to accommodate the ever changing business environment. If not, the supply chain becomes obsolete. However, company’s need to take a look at Wal-Mart to understand why JIT and supply chain management is so important and how it can really make a difference in the bottom line. Wang, I. (2010). The application of third party logistics to implement the Just-In-Time system with minimum cost under a global environment. Expert Systems with Applications , 37 (3), 2117-2123. doi:10.1016/j.eswa.2009.07.030....
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