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Management article
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Reference no. 91111
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1991

Abstract

Many companies have embraced the Just-In-Time manufacturing method because of the zeal with which its successes were reported. But JIT is a simple idea, and therefore often complicated to implement. In its pure form, JIT emphasizes low cost, high quality, and the consolidation of the product line--a smaller number of products and fewer options. It does not mean recklessly slashing inventories without having inventory buffers in place.

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Abstract

Many companies have embraced the Just-In-Time manufacturing method because of the zeal with which its successes were reported. But JIT is a simple idea, and therefore often complicated to implement. In its pure form, JIT emphasizes low cost, high quality, and the consolidation of the product line--a smaller number of products and fewer options. It does not mean recklessly slashing inventories without having inventory buffers in place.

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