Here is the synopsis of our sample research paper on How JIT (Just in Time) Management Saves a Company Money on Warehousing Costs. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper examines one article on a problem with JIT. Then, it goes on to discuss the savings a company might see when implementing this model. Bibliography lists 1 source.
Page Count:
3 pages (~225 words per page)
File: RT13_SA708JIT.rtf
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Unformatted sample text from the term paper:
significance of the situation was digested, it seems that Hodgson of DaimlerChryslers first thought was about getting parts to the plants. He wondered if in fact, after such a
horrific event, whether or not parts would be able to be delivered on time (Ball, 2001). He was not alone. There had been problems at Ford for example, where things
were shut down for a week, but at Chrysler, the problems only lasted a few hours (Ball, 2001). 9/11 shut a lot of things down and everyone had to
cope with slowdowns and losses as a result. However, the author highlights the notion that the incident demonstrates the problems with just in time management (Ball, 2001). Just in
time inventory management is something that suggests a warehouse need not be a stockroom. Parts can be ordered when needed. Similar to print on demand strategies, when books are printed
as they are ordered, the just in time paradigm is ideal for certain types of businesses. Yet, when something occurs to disrupt transportation or communications, the just in time strategy
can cost companies money. Ball (2001) explains that this type of management system helps by minimizing warehousing costs. How does JIT accomplish this? When a firm is engaging in manufacturing,
they need to purchase parts. Perhaps they order dozens of items when they really do not know if all parts will have to be utilized. Yet, when purchasing a lot
of equipment and parts, there has to be storage space. This means that there needs to be buildings or a place to store everything they order. Keeping a large inventory
mandates other costs as well. There may be heating costs and costs just to track the parts. The large number of items at a plant may mean that there needs
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