JIT component delivery

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• Just-in-time (business) — Just in time (JIT) is an inventory strategy implemented to improve the return on investment of a business by reducing in process inventory and its associated carrying costs. In order to achieve JIT the process must have signals of what is going… …   Wikipedia

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• Lean manufacturing — or lean production, which is often known simply as Lean , is the practice of a theory of production that considers the expenditure of resources for any means other than the creation of value for the presumed customer to be wasteful, and thus a… …   Wikipedia

• logistics — /loh jis tiks, leuh /, n. (used with a sing. or pl. v.) 1. the branch of military science and operations dealing with the procurement, supply, and maintenance of equipment, with the movement, evacuation, and hospitalization of personnel, with the …   Universalium

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• Material Requirements Planning — (MRP) is a software based production planning and inventory control system used to manage manufacturing processes. Although it is not common nowadays, it is possible to conduct MRP by hand as well.An MRP system is intended to simultaneously meet… …   Wikipedia

• Material requirements planning — (MRP) is a production planning and inventory control system used to manage manufacturing processes. Most MRP systems are software based, while it is possible to conduct MRP by hand as well. An MRP system is intended to simultaneously meet three… …   Wikipedia

• American Motors — Infobox Defunct Company company name = American Motors Corporation company fate = Acquired by Chrysler (March 2 1987) successor = Jeep Eagle division of Chrysler foundation = January 14 1954 location = Southfield, Michigan, United States industry …   Wikipedia

• Supply chain — A supply chain or logistics network is the system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources,… …   Wikipedia