From Japan we learned just in time inventory control, manufacturing quality control and continuous improvement, innovation in consumer electronics design, and an appreciation for sushi.
For instance, we assist Toyota's logistics department in managing their world-famous, just-in-time inventory system around snow and ice storms.
White papersare urging nervous CEOs to realize that salvation lies in Deming Prizes, Malcolm Baldrige Awards and just-in-time inventory.
It's especially tough for Toyota, the pioneer and master of just-in-time inventory and the philosophy of heijunka, or level production.
One of the major competitive strategies which engineered and sustains this colossal network of stores is the just-in-time inventory management system.
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And, tapping his auto parts experience, he introduced the just-in-time inventory-control system and lean manufacturing, which emphasizes reducing wasteful processes in order to make better products and respond quickly to customers.
You rely on sophisticated systems to provide just-in-time inventory.
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Generally, this trend with inventory suggests that automotive dealers are striving for just in time (JIT) inventory, hoping to reduce the waste that comes with unnecessarily large inventories and high carrying costs.
Practice Just-In-Time (JIT) inventory management, not just-in-case.
Some economists have argued that just-in-time methods of inventory control, which allow firms to adjust production more quickly to changes in sales, should help to prevent an unwanted build-up of stocks and so smooth out the economic cycle.
Remember, profitable inventory management means just-in-time, not just-in-case.
We anticipate some will be needed during the 2006 hurricane season and then also FEMA keeps about 5, 000 trailers on inventory, just in case they're needed at any time.
Giordano's management also took the opportunity to overhaul the company's inventory system, improving the operation's just-in-time supply chain.
Evan Saks, the founder of online mattress maker Create-a-Mattress, says manufacturing technology that ties orders to production known as just-in-time manufacturing and Web-based tools have done away with the need for inventory managers or warehouse staff, among other workers.
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