Inventory control of purchased materials when it’s not quite JIT

Inventory control of purchased materials when it’s not quite JIT

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Article ID: iaor19931692
Country: United States
Volume: 33
Start Page Number: 14
End Page Number: 18
Publication Date: May 1992
Journal: Production and Inventory Management Journal
Authors:
Keywords: production: JIT
Abstract:

Companies that are just starting out on the JIT journey or are in the midst of converting to JIT can benefit from JIT deliveries from suppliers. An inventory model is used to illustrate how purchased-materials inventories can be managed effectively in this environment. More importantly, it can be used to provide the motivation for such companies to migrate from a ‘not quite JIP’ to a truly JIT environment in their internal operations.

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