Question

The process where manufacturers manage inventory by keeping only what they need immediately on hand and rely on communication and transportation to provide more resources or goods as needed is called ____________.

Answer 1

Just-in-Time Manufacturing system

Step-by-step explanation:

The just in time system (JIT) of production system is that in which goods and services are produced to customers and consumers as the demand for them arises.

Unlike the traditional manufacturing system, where goods are produced ahead awaiting demand, JIT seeks to eliminate waste by meeting customers demand in exact quantity, quality and time.

However, the successful implementation and adoption of this production system depends so much on reliable communication system, hitch-free transportaion system, reduction in set-up and some other cogent factors.

With a JIT system in place, there will be a reduction in inventory, waste and errors, throughput, shipment while quality will improve significantly.