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Just-in-time system is easy to apply at any industrial company ? 1- True 2- false

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Question added by Deleted user
Date Posted: 2014/09/29
Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

2- false

 

Low JIT inventory levels make it more likely that any problem in the supplier pipeline will lead to a shortage that will stop production. This risk can be mitigated through the use of expensive overnight delivery services when shortages occur.

Bassam Abu Safat
by Bassam Abu Safat , Delivery Team Leader , Toyota - Abdul Latif Jameel Motors - KSA

False

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

False:

In case of Industrial concerns production should  not be interrupted for want of materials or other inputs which may result in huge losses.

A just-in-time inventory system keeps inventory levels extremely low by only producing to specific customer orders. This approach differs from the more common alternative of producing to a forecast of what customer orders might be.

Abdul Rehman Zaheer
by Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals

As most others have stated: False

Muhammad Adnan Jalal
by Muhammad Adnan Jalal , Area Manager , MSP pvt ltd

2) False

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

It is false, there are many requirements for implementing JIT such as reliable suppliers, Reliable workers, Active markets, reliable machines, no lead time, access to suppliers inventory, etc.

false

agreed with mr ahmed abd alwahab

charbel ajaltouny
by charbel ajaltouny , OPERATIONS MANAGER , House hold & Textile

JIT system from outside is simple and easy to apply in different sectors in any industrial company but all it depend on the applicant people for the system and the company size. 

PRAMOD PRAMOD
by PRAMOD PRAMOD , AVP - Finance and Accounts , LINK INTIME INDIA PRIVATE LIMITED

true

HAROON MOHAMMAD
by HAROON MOHAMMAD , Dupty Manager Marketing , Argus Business Machines pvt. ltd.

1) True

SUDHIR PHADKE
by SUDHIR PHADKE , Director , Vetbiochem India Pvt. Ltd.

True. As the world gets more innovations in various frontiers of management / operations, this is possible with in-depth involvement in all operations.

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