Business Finance
Saudi Electronic Implications of Just in Time and Lean Thinking Discussion

Saudi electronic university

Question Description

I’m studying for my Management class and don’t understand how to answer this. Can you help me study?

Dear Students,

Fallowing is the topic for discussion and contributing your knowledge and experience to enhance the topic learning.

Participate in discussion and post your idea, opinion and thinking.

Participation is compulsory to all students and this discussion will be graded out of assignments grade.

Those who are not participating in this discussion forum , they will loose their grades.

Total Grades = 05

Last date for submission = 2/4/2020

Good Luck,,,

Discussion points :-

  • Discuss the implication of Just-in-time and lean thinking for logistics.
  • Compare and contrast lean supply with agile supply.

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Final Answer

Attached.

Running head: DISCUSSION

1

Discussion
Name
Institution

DISCUSSION

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Implications of Just in Time and Lean Thinking.

The application of Just in Time has several implications for logistics. To start with, there
is a reduction in the amount of storage needed and the waiting time. That is because, with the use
of this method, materials are only produced when they are required by the clients. Therefore,
there will be a faster set up for the production machinery, and thus a reduction in the costs of
manufacturing. Another implication of this method is that the suppliers of raw materials are
limited, and hence the company will spend less time on vendor relations. Notably, due to the
need for high levels of vendor efficiency, only those who are very effective are selected. As well,
with the application of the just-in-time method of inventory manag...

Kishnewt2017 (32564)
University of Virginia

Anonymous
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