Just-In-Time Systems

In today's companies, new catch phrases and ideas are being
developed each and every day. One of the more popular ideas that is
circulating around these days is the idea of just-in-time manufacturing.
Many magazines and newspapers have documented the efforts of companies
to develop and implement just-in-time processes. The question can be asked,
though, what does just-in-time mean? How does a company implement
just-in-time processes, and what are the results of implementation?
Just-in-time manufacturing is basically the idea that companies should
have manufacturing and purchasing stra…