Just In Time Systems Essay -- essays research papers

Devising an efficient carcass of counting and maintaining a stock-taking of farm animal items has long been an arduous working class for many business owners. The old mode of cataloging by part or item number has all but disappeared since the proliferation of electronic catalogs and the riding habit of figurer software and web-based ordering/monitoring systems. Inventory anxiety is necessary for owners who trust to maintain a stocking service for quick turnaround to help tell total customer satisfaction. An item on a managed inventory contestation must be maintained to avoid shortages of frequently mathematical functiond items. plain when utilizing an inventory management system, occasional shortages will still occur. To be undefeated in todays fast-paced, highly-competitive environment, business need to have the necessary parts in stock or have reliable suppliers to meet customer demands at a moments nonice. Either way, blacklegs must have a practical, efficient meth od for managing inventory in order to stay in business and assemble their customers. The most efficient way to get this done is through the use of a Just-In-Time (J-I-T) system of inventory management. The service that primeval Health provides is an employment of this type of J-I-T system which allows them to get the in effect(p) quantity of goods to the the right way position and at the right time.Efficient inventory management is essential in order to provide the customer with a high level of service. The competency to ship inventory on schedule and get just the right amount of product where it needs to be in a by the bye manner is one of the major factors that helps determine customer satisfaction. Consumers do not like to wait in lines, come back later, or shop somewhere the product is often out of stock. These are the types of problems that lead to a customer walking across the street to the find a situation product somewhere else. In addition, efficient inventory mana gement leads to a more cost-efficient operation (Reid Ch 12, 2002). The goal is to keep inventory on the shelves for the least amount of time as possible. This prevents a high region of capital from being tied up in inventory. Through the use of automation and computer based systems, companies are able to control their inventory based on real-time needs instead of historical projections. This helps trim down the guess work in how much inventory to stock and when to stock it. Regardless of whether or... ... out without the hassle of long lines or confusion. This is directly link to how the inventory is managed throughout the supply chain. Just-In-Time inventory management is an attempt to name the perfect inventory system. The idea of getting the right product to the right place and at the right time is at the core of this system. Although not always perfect, the goal is to identify problems and always strive to make it better. This sens only be implemented through the use of a utomation and technology. Cardinal Health has integrated handheld technology, wireless web, the internet, and many other acrid edge technologies to provide just this type of service. They provide inventory management that is flexible, relatively simple, and gives power to the consumer to help control inventory based on what is actually needed instead of historical models or guesswork.REFERENCESFrederick, James (2003). Upgraded dissemination network grows supply chain, inventory capacity. Drug Store News, pg 15.Reid & Sanders (2002). Independent shoot Inventory Management. Operations Management, Ch 12.Reid & Sanders (2002). Just-In-Time Systems. Operations Management, Ch 7.