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JIT & Inventory Control

decreased insurance and tax obligations, and less scrap and obsolescence (Blanchard, 1992, p. 44).

JIT as practiced in American companies has actually been imported from Japanese companies. These companies, such as Honda and Nissan, are admired for their ability to generate high levels of quality products while maintaining a high level of employee productivity, as well. As American executives began researching what led to this, they discovered the Japanese commitment to quality, and as a subset of that, the use of JIT management systems.

Quality is an integral part of the JIT philosophy, and American managers have introduced some Japanese operating principles (such as quality circles) wholesale into American copmanies. In other cases, companies have studied the underlying principles of JIT to understand how they can be properly and appropriately implemented in individual organizations, recognizing that these organizations have unique circumstances that makes the wholesale adoption of any philosophy

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JIT & Inventory Control. (1969, December 31). In LotsofEssays.com. Retrieved 11:55, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1695822.html