Operations Management Discussion
Business Finance
need to respond to this in 300-400 words in A.P.A. format with at least 2 references
In Operations management, the principles for Just in Time (JIT) when delivering a product or service require consistency, excellence, and trust. When anyone orders a product off the Internet the customer is trusting the supplier will provide quality and on time delivery. In lean operations, the five principles are: Identify customer values, Focus on processes that create value, Eliminate waste to create “flow.”, Produce only according to customer demand, and Strive for perfection (Stevenson, 2018). These principles help focus on methods by eliminating waste-using the building blocks to support goals that eventually lead to the ultimate goal. The event response capability in lean production is critical because it helps detect and respond quickly to unplanned events.
The principles of JIT help the buyer more than anything due to lower costs. JIT may be viewed as an integrative strategy facilitating timeliness and quality not only in production, but also in supply and distribution(Hall, 1987, Arnold and Bernard, 1989, Lee and Seah, 1988, Davy et al., 1992). This is one way to apply these principles to those methodologies. The procurement relies on external factors quality, quantity, and timing. It is reliable and helps the business make profits.
Resources
Stevenson, W. J. (2018). Operations Management (15th Ed.). Boston: McGraw Hill
Stevenson, William J. Operations Management, 13th Edition. McGraw-Hill Higher Education, 20170215. VitalBook file.
Green, K. W., Inman, R. A., Birou, L. M., & Whitten, D. (2014). Total JIT (T-JIT) and its impact on supply chain competency and organizational performance. International Journal of Production Economics, 147, 125-135. doi:10.1016/j.ijpe.2013.08.026
