How does just-in-time inventory control help

Assignment Help Operation Management
Reference no: EM132051907

Many discussion opportunities come up where you need to respond to other people's opinions and comments. Respond to your Discussion topic after you have completed your Reading.

Lean Systems

The advent of new technologies (the Internet, computerization, etc.) and the impact of globalization (products not only available from every country but being developed in multiple countries) has increased not just the demand for goods and services but also has increased customer requirements and expectations. As such, organizations must be constantly changing to be as economically competitive as possible.

This means doing more with less as the organization becomes as "lean" as possible (no fat).

The operations manager must be aware of how and why lean systems are necessary.

To answer the Discussion topics, you will need to do additional research using the Library and/or the Internet.

In order for an organization to do more with less they must examine all facets of the production or service process. To that end, address the questions below:

How does just-in-time (JIT) inventory control help organizations become leaner?

Where does the information on waste (waste in raw materials, waste in process and flow, etc.) come from?

Should line employees be involved in making recommendations to improve lean production and processes or should this decision making be left only to management?

Reference no: EM132051907

Questions Cloud

Compute the number of tables to be produced : GFI manufacturers ping pong tables and has a JIT policy that ending inventory must equal 10 percent of the next month's sales.
Explain the importance of cvp analysis : Reflect on the discussions and explain how these topics will help you apply theory to practice in your professional career.
Claimed that wells fargo opening bogus accounts : It has been claimed that Wells Fargo opening bogus accounts in 2016 was as bad as Lehman was hiding its toxic assets in 2008.
Identification in finance and social science assignment : Identification in Finance and Social Science Assignment Information - explain the difficulties involved, and outstanding papers will propose creative solutions
How does just-in-time inventory control help : Where does the information on waste (waste in raw materials, waste in process and flow, etc.) come from?
The use of e-commerce shopping carts : Read at least three articles that are no more than 12 months old. Apply the content from the articles to the use of e-Commerce Shopping carts.
Explain the concepts of sustainability : In the modern world, businesses and individuals need to optimize their efforts to gain effectiveness and efficiency.
Three basic measures of variability : Please describe the purpose for each of the three basic measures of variability and provide at least two examples for each.
Compare the proportion of males and females : It was desired to compare the proportion of males and females that had a tattoo. I entered the data into Statistix and created the following printout.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd