A just-in-time inventory control system is a systematic method that aligns vendor raw-material deliveries with manufacturing timetables.
Companies use this inventory approach to improve efficiency and avoid waste by acquiring items just as needed for the manufacturing process, lowering inventory expenses.
It may be a comprehensive quality management approach since it leads to productivity on one hand and preserves the integrity of the manufacturing process on the other by obtaining needed materials at reasonable rates. When these events occur, process re-engineering occurs as a result of increased productivity, turnaround time, and excellence.
The Theory of Constraints is a framework in which an unfavorable element or constraint that is causing difficulties is recognized, and various approaches are used to solve that problem, such as the just-in-time integrated program, quality assurance, and savings and performance enhancements.
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