Benchmark a public company that has JIT Processing.
Benchmark a public company that has JIT Processing. Apply the selected company’s JIT best practices to your own company or another public company you know or can research.
Observe and document the process steps followed.
Write a 1,050-word analysis in which you:
Explain the JIT philosophy.
Describe the production process steps observed or implemented from the benchmarked company.
Attach a “before improvement” process As-Is Flowchart as an Exhibit or Figure.
Compare and contrast standardized and non-standardized process steps.
State your opinion concerning the process (effectiveness, efficiency, and measurements).
Recommend process improvements using supportive evidence.
Attach an “after improvement” process To-Be Flowchart as an Exhibit or Figure.
Format your paper consistent with APA guidelines.
Use a minimum of 3 different references that are not from the same online text, library book or article.
…………………..Answer preview…………………….
The just-in-time philosophy is a management strategy employed by firms so as to be able to improve their efficiency and wastage. These they do by ensuring that raw materials and other goods are only received when they are needed for the production process. This is a very risky form of management since the firm needs to be able to predict demand for a product precisely, to be avoiding the storage of finished products………………………..
APA
1105 words
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