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Essay heading: Just In Time Systems
 
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Issue: Business
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Date added: October 14, 2004
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No of pages / words: 5 / 1206
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The World Wide Web has altered the way companies and individuals interact with each other. What was once thousands of miles away or days in the future can now be obtained instantly with the click of a mouse button. That being said, the Just-In-Time system is one of the many ways companies can manage their inventory...
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This type of system can only exist through the use of automation and many advances in technology. The purpose and goal of this type of system is to eliminate wasted inventory and remain extremely flexible to the ever changing business environment (Reid Ch 7, 2002). The idea is to take a much broader view of operations where inventory is not only controlled by managers but also by the salesmen and sometimes even the consumer himself...
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