Just-in-time in the Real World of Inventory Management

Unleashed

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. In this article, we will consider some real-world case studies which may help to demonstrate JIT in action in the real world of inventory management and lend insight to the pros and cons of implementing JIT in your workplace.

Are Lean Manufacturing and Just-in-Time Manufacturing the Same?

RFgen

Key Takeaways: Just in Time Manufacturing was designed to improve the manufacturing and the supply chain processes. Just-in-Time (JIT) Manufacturing and Lean Manufacturing are two of the most popular business processes.

Just in Time

Tailwind

Just in Time You pick up the load. ’ A supply chain that ensures that businesses get products to the customers when they want them, where they want them, in good conditions…and on timejust in time.

Labeling that can Meet Just-in-Time Deadlines in Auto Manufacturing

Loftware

Just-in-time supply chains are demanding and have little room for error. They have become prominent in the auto industry, raising new demands. Automotive Supply Chain Manufacturing

Success Stories of Just-in-Time Inventory

Unleashed

Just-in-time (JIT) manufacturing has been revolutionary for manufacturing and inventory management companies around the globe. The JIT approach differs from other inventory systems, where warehouses build up piles of inventory weeks or months in advance, waiting to be used until there is a demand for that product. This nearly-instant inventory delivery means that manufacturers place orders in small batches, very regularly.

Arriving Just in Time – Advanced Transportation Logistics Scheduling

Supply Chain Collaborator

The Value in Orchestrating a Scheduled Transportation Plan”. These three headlines from Transport Topics and Food Shippers of America magazine tell the story of one of the most important challenges facing shippers in North America leading into 2018.

3 Successful Companies Practising Just-In-Time Systems

Unleashed

One of the most popular methods for inventory management is just-in-time (JIT) manufacturing. Many business owners use this inventory method to increase efficiency and decrease waste by only receiving goods as they need them for the production process (hence just-in-time), which reduces inventory stock costs. Toyota was the first to implement JIT effectively in 1970 and is still one of the most successful companies practising JIT systems.

Is Your Supply Chain Customer-Centric?

DynaSys

Successful salespeople tend to sign contracts without worrying about the logistical aspects affected by the conditions of the contract, which is a thorn in the foot for logistics who must comply with the terms of the contract. You have probably had a similar experience to this in your company.

Extending JIT Value Beyond Enterprise Boundaries

The Network Effect

Just-In-Time (JIT) manufacturing strategies bring tremendous value to companies employing them, but are they missing out on the huge opportunity. Manufacturing Supply Chain Management Technology The Network Effect JIT Just-In-Time manufacturing supply chainThe post Extending JIT Value Beyond Enterprise Boundaries appeared first on The Network Effect.

VMI system goes live at Fokker Aerostructures

Supply Chain Movement

VIBA Aerospace Products and Services in the Netherlands and Peerless Aerospace Fastener Corporation, a distributor of aerospace fasteners based in Farmingdale (NY), went live with their Vendor Managed Inventory (VMI) of special fasteners at Fokker Aerostructures covering several programs.

System 101

Lean Manufacturing Driven by Rapid Return on eKanban Technology Investment

synchrono

Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time.

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Creating Trust Throughout the Supply Chain Using Demand-Driven Methods

synchrono

Building trust in the supply chain is essential to driving flow; and when there are forecast errors, there is an inherent mistrust throughout the supply chain. The manufacturer contends the supplier did not acknowledge the material purchase orders, or ship on-time as promised.

Who said supply chains are boring?: Supply Chain Transformers

Supply Chains Rock

Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. In the past Ive shared how shipping containers can be turned into funky apartments and now Ive found wooden pallets that make great deck furniture. Just in time for the summer BBQ season here are some photos that show the progression of pallets into benches. Supply Times. Who said supply chains are boring?

Supply Chain Saves the Economy

Supply Chain Digest

Wall Street Journal Economist Says Just in Time Inventory Practices Key to Record Length of Current Expansion

Dock appointment scheduling the smart way

Descartes

From ensuring the right resources are in place to effectively prioritising activity based on a range of criteria, Pól Sweeney, Vice President of UK Sales and Business Management at Descartes, outlines the transformation in the speed and responsiveness of DC operations enabled by dock appointment scheduling, as retailers move ever closer to the ‘just in time’ supply chain.

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Modeling Service in Network Optimization

Llamasoft

However, the rise of eCommerce and our seemingly endless desire for ‘just in time’ consumption has ratcheted the importance of service across retail with ripple effects in other industries, as well.

Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

This is especially relevant for high-tech industry manufacturers who must fight to keep their head above water as new competition floods the marketplace and long-time competitors diversify their product lines in an attempt to remain relevant. Technology research firm Gartner, Inc.

Moving Beyond Supply Chain Visibility to Continuous Decision Making

C3 Solutions

In this blog post, Jan-Willem outlines how Supply Chain professionals can move from supply chain visibility to a continuous flow of information allowing for just-in-time, strategic, enlightened, continuous decision-making.

Why OEMs Partnering With Reputable Suppliers Deliver a Desired Product

Cerasis

Getting a compatible LED lighting product, such as a power supply, is essential in order to extend the life expectancy and the quality of LED light strips. One of the key innovations in LED lighting is the applications within the Internet of Things (IoT).

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

I am the Founder and CEO of Customodal, based in Marshfield, WI, [01:59] Tell us about your background. What was your major in college? I grew up mostly in Madison, Wisconsin. I graduated with a major in finance, investment, and banking from the University of Wisconsin. [02:44]

Data Driven Logistics: Using Visibility for Better Customer Experience

20Cube Logistics

In the traditional form of logistics, the same data gets captured multiple times in multiple places; and the majority of the times, it provides no insights to anyone involved in the supply chain. . Efficiency lies in improvisation.

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Surviving the holidays: Warehouse technology turns uncertainty into opportunity

Logistics Viewpoints

Most wholesale distributors have recovered from Black Friday and Cyber Monday by now – and are catching their breath just in time to sprint during these last few weeks of the holidays! This time of year is particularly urgent for getting products to consumers more quickly and cheaply than ever before, which means finding ways to strip out supply chain costs while satisfying customer expectations.

World-Renowned Lean & Kaizen Expert Mr. Takao Sakai joins ThroughPut Advisory Board

ThroughPut

the Artificial Intelligence (AI) Supply Chain pioneer that enables companies to detect, prioritize and alleviate dynamic operational bottlenecks just-in-time today announced the appointment of global lean & Just-In-Time expert, Mr. Takao Sakai , to the Executive Advisory Board. His family is responsible for inventing the renowned “Just-In-Time” philosophy that is commonplace across all leading supply chain operations today.

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These Logistics Trends Will Force a Reevaluation of Logistics Strategy in 2018

Cerasis

The logistics industry faces a huge battle in 2018. However, logistics professionals can get ahead of the curve by knowing what trends to expect in the coming year that will require a reevaluation of logistics strategy in 2018. Consumers Will Demand Faster Turnaround Times on Last Mile Deliveries. Remember our conversation about just in time delivery. This results in less costs to consumers, and shippers can move more product.

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Deal or no deal: The impact of Brexit on automotive supply chains

DELMIA Quintiq

Business leaders are getting nervous as time is very short. The United Kingdom (UK) imports the most goods by far compared to other European countries, not just final products but also parts and components for further production and assembly. This will lead to a surge in costs.

The Indispensable Role of WMS in Reverse Logistics

Cerasis

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

Applying Lean 6 Sigma Principles to the Supply Chain

Logility

Just about every member of the management team was a Lean 6 Sigma Black Belt and many had attained a level of Master Black Belt. Today, Lean is a concept, a philosophy, a practice and a set of tools all wrapped in one.

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5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

Cerasis

Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. Approximately 44 percent want to buy online and have the option of picking it up in the store.

Less Than Truckload Shipping Trends to Wrap Up 2018

Cerasis

The simultaneous growth of the economy and trucking indicate actual GDP percentages would be higher if compared to the same time last year. As consumers take to their favorite retailers, also due in part to the strong economy, volume shipped will increase.

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Applying Lean Principles to Supply Chain Planning

Logility

Today, Lean is a concept, a philosophy, a practice, and a set of tools all wrapped in one. The two primary principles of Lean, Just in Time and Jidoka, are referred to as the pillars of the lean philosophy. This should be a core principle in supply chain planning.

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Managing E-Commerce Fulfillment Spikes With Data Analysis

Cerasis

Challenges in Managing E-Commerce Fulfillment The challenges of managing e-commerce fulfillment go back to the need to rapidly scale operations to meet changing demand. Disjointed systems and data silos, creating delays in processing and deficiencies in visibility.

New Capabilities Video: LeanCor Supply Chain Group

LeanCor

Driving Down Costs with Just in Time (JIT) Production (manufacturing.hubspot.com). New Capabilities Video: LeanCor Supply Chain Group.

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How to Make the Most of Your Supply Chain Software

OneSCM

A: There are several new features that just became available in OneSCM in March, 2019: Supply Chain Orchestration – Several modifications were made to OneSCM to support an implementation through configuration methodology, allowing new and existing customers to configure new connections to the back-office systems without the need to develop new plugins. Our system supports the standard formats traded in the supply chain such as SAP IDOC, OAGI, cXML, EDI X12, and PIDX.

Supply chain planning – it’s time to get personal

Kinaxis

by Bill DuBois When sacrificing family time becomes the norm. During that time, we also invested in some “just-in-time” techniques we borrowed from the Toyota Production System (TPS). All of that was just business as usual.

Business intelligence critical for logistics firms as IT investment environment improves

EFT

It is clear from these leading areas of investment that companies in the logistics sector are looking to have greater control and visibility over their operations in order to provide high-speed, trackable service that fits into the modern e-commerce and just-in-time supply chain.

Why E-commerce Fulfillment Is Set to Move to a 2-Hour Delivery Standard & What You Can Do About It

Cerasis

The basic premise behind the move to two-hour delivery is based in Amazon’s invention of Amazon PrimeAir. This reincarnation of the Amazon Effect is forcing e-commerce fulfillment centers and warehouses to evolve in kind. Understanding its impact on warehouse management, the benefits of two-hour delivery, and how warehouses and shippers can stay competitive will be key to continued growth in e-commerce. The improvements in efficiency and demand are in place.

What’s The Difference Between Logistics and Supply Chain Management? (Infographic)

Supply Chain Game Changer

As a recruitment firm with over a decade of experience specialized in this area, we figure we’d weigh in! In short, Logistics is a part of Supply Chain Management that deals with the physical movement of goods for just in time delivery. Subscribe Here!