Hay believes that a company's principal reason for considering just-in-time
in the first place is the major factor in the eventual success or failure of its installation.
Our first quarter results were negatively impacted by declines in both price and volume for most of the refrigerants we sell, with many customers resorting to a just-in-time
buying pattern for all refrigerants, as opposed to the typical pre-season inventory stocking in anticipation of the impending cooling season.
Volvo relies on the nearby Ford Genk plant to provide a majority of the stamped parts for its production, which are shipped by rail and truck on a just-in-time
Web-based control of just-in-time
transactions between multiple facilities and subsidiaries of the same company is provided by a new Intercompany Transaction (ICT) software module for the EnterpriseIQ enterprise resource planning (ERP) system from IQMS, Paso Robles, Calif.
Kimberly-Clark executives say they firmly believe that RFID will give the retail industry the ability to achieve just-in-time
efficiencies similar to those of Toyota Motor Corp.
Their pitch to government and industry is that the Sault is a more efficient corridor to transport goods for just-in-time
delivery than through more congested transfer yards and border crossings in southern Ontario.
With implementation of just-in-time
delivery processes, it also has reduced medical inventories in department supply depots from an average of 380 days to seven, with corresponding inventory reductions at military treatment facilities.
Some manufacturing companies have also been adopters of BC planning, particularly those who are reliant on just-in-time
(JIT) strategies and who worry whether vendors will be able to fulfill the commitments they've made.
fulfillment-combined with sophisticated information-technology systems that speed the flow of goods from suppliers to manufacturers to distributors to consumers--has taken the slack out of supply chains.
Possibly the greatest benefit derived from this proximity is the ability to be flexible and shrink leadtimes on casting orders to supply components to our customers in a just-in-time
basis, meeting and surpassing their delivery requests.
: Ability to "turn on a dime" when needed.