Comments on: Just in Time as Survival Strategy

By: admin

admin — Tue, 01 Jun 2010 21:10:23 +0000

It is an adaptation of Atahualpa 3.4.4

By: Leonhard Keck

Leonhard Keck — Thu, 27 May 2010 01:25:48 +0000

Hey! Can I ask what’s this template you are using in your blog? thanks.

By: mudança

mudança — Tue, 06 Apr 2010 14:49:43 +0000

Your article has helped me a lot for my job.

By: Karen YIP

Karen YIP — Sat, 13 Mar 2010 14:22:07 +0000

I like this way of sharing, indeed!
I like this topic as well. Now I am doing a big ERP project for one multinational company. And during the cut over period, the whole chain (I mean for my own company and almost ALL of the customers) need pre build 7 – 8 days of stocks, which is a huge effort to align all of them. I know this is just a special case, while for most of the normal cases which are bothering the planners often are the fluctuating demands. In China you can imagine, we dont have very innovative/smart technology to capture thousands of stores’ real demands since we dont have very solid quick response system and we need rely on ‘estimation’ which really create a lot of chaos in our life.
I do wanna get your sharings from your company or even your industry in your country about how to manage the ‘real demand’ if no robust system can really help?

My email is 13764533912@139.com (better copy to my business account – karen.yip@unilever.com)

By: kehinde mobayo

kehinde mobayo — Mon, 01 Mar 2010 23:28:31 +0000

Hi Anand,

I think just in time might be a continuos process for some companies especially large comapanies that their demands fluctuates frequently for readjustment and forecating of their supply and demand.

Well i presume it is the duty of the vendors and their customers to avoid carring inventories as much as they can by forecating their demand and supply as well as applying capacity planning method. I feel it is better to have exact or less product supplied than to have much inventories and high cost.

By: kehinde mobayo

kehinde mobayo — Mon, 01 Mar 2010 23:05:24 +0000

Hi Steve.

You’ve said it all that just in time need perfect forecasting in other to be effective as well as adopting appropriate capacity planning method in other to meet up with the volatile demand. To achieve a goal in life there must be a sacrifice for it that is the case of implementing just in time strategy although it might take a while before perfection but we will surely get there with consistency.

By: kehinde mobayo

kehinde mobayo — Mon, 01 Mar 2010 22:55:47 +0000

Hi Karen,
well it’s true that if I don’t know the bus schedule, much time will be spent at the bus stop. But coming to the real aspect of it, it is the reponsibility of each organisation or company to implement technological innovation and update their employees due to the dveloping world. It is my duty to to check the bus timetable electronically or check the bus timetable with the bus station before proceeding to the bus station if I really want to implement just in time strategy.

Regarding the customer demand I think most organisations/companies should try and implement the capacity planning methods as well as forecast their needs in order to avoid spike demand pattern. My advice to your management is to adopt the maximum staff model, in order to meet up with the demands of your customers.With all this in place I believe just in time can be a survival strategy.

By: Steve

Steve — Mon, 15 Feb 2010 17:07:40 +0000

I agree with Karen. JIT is a dream for many organizations. Could JIT ever work for a company that has highly volatile demand? It would also seem unlikely to work with slow moving parts like the aerospace industry due to the long manufacturing times. Just In Time would need perfect forecasting in order to be effective.

By: Anand

Anand — Thu, 11 Feb 2010 05:12:28 +0000

Hi. The question that comes to mind is where does the JIT chain stops ? For example, consider a Company which buys lot of steel fabricated components from its vendors. Assume this COmpany works on JIT. WHich means the Vendors carry some inventory. Vendor’s vendor may also carry some inventory. Based on the Financial strength of these Vendors, meaning their credit rating, Banks would probably finance them at a rate higher than our original Company. SO they need to build in that cost in their product price. So does JIT really works ? Sure, you may not have inventory, but is the inventory carrying cost built in by the Vendor in his price ? So where is the davantage then ?

By: Karen YIP

Karen YIP — Wed, 03 Feb 2010 03:06:55 +0000

Just in time is a dream for the low information availability organization. Still back to your example, if you dont know the bus schedule, you have to wait at the stop, right? I am working in China, and we have to face the unsolidated market, which means more than 10,000 customers direct sales! Then, our life is more like fire fighting – everything is urgent and important and even burning. Furthermore, the wastage is definietly higher than other developed country.