Tag: Just in Time

Just in Time vs Just in Sequence!

Is Just In Time Past Its Time?

There are significant benefits for manufacturers when looking at both Just in Time (JIT) and Just in Sequence (JIS) as a way of optimising supply chains.

There is a larger framework from which to improve efficiency and reduce inventory when utilising JIT, but then you can adopt a specialised, bespoke approach for product variability when utilising JIS.

Let’s take a look at the two inventory management processes and how they both can benefit manufacturing companies and wider customer bases. 

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Is Just In Time Past Its Time?

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The prospect of having a Just In Time (JIT) Supply Chain system has been the goal of innumerable businesses and industries for decades. And for those who have implemented Just In Time processes it has been the backbone of their entire operating structure.

But the global pandemic exposed the fragility of the Supply Chain in virtually every industry. We quickly ran out of healthcare supplies, toilet paper, and more. The extent of disruption has spread to lumber, steel, computer chips, automobiles, furnaces, and any number of additional products.

The fundamental principle of just in time delivery based on real time demand, combined with the unrelenting focus on inventory levels and faster inventory turnover, has created an operating paradigm that is great when things are going well, but which has proven to be ill-equipped to handle disruption the likes of which the pandemic has created.

Does that mean that a Just In Time philosophy has outlived its usefulness? Is JIT past its time?

Continue reading “Is Just In Time Past Its Time?”