just-in-time JIT inventory control

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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

• Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

• Business Planning and Control System — is an Enterprise Resource Planning (ERP) software.BPCS, the acronym for the software, is pronounced as Bee picks.BPCS was developed by System Software Associates (SSA), which later became SSA Global Technologies (which was then acquired by Infor… …   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

• Intelligence dissemination management — This article is part of a series on intelligence cycle management, and deals with the dissemination of processed intelligence. For a hierarchical list of articles, see the intelligence cycle management hierarchy. It is a classic maxim of… …   Wikipedia

• Toyota Production System — The Toyota Production System (TPS) combines management philosophy and practices to form an integrated socio technical system at Toyota. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with… …   Wikipedia

• NeXT — This article is about the computer company. For other uses, see Next. Next Software, Inc. The NeXT logo designed by Paul Rand Former type Private …   Wikipedia

• Jack C. Hayya — is professor emeritus of management science at the Pennsylvania State University.Education*B.S., Civil Enginering, University of Illinois at Champaign Urbana, 1952 *M.S., Management, California State University, Northridge, 1961 [Hayya, Jack C.… …   Wikipedia

• 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

• Supply chain management — (SCM) is the process of planning, implementing and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work in process inventory, and finished goods… …   Wikipedia

• Demand flow technology — (DFT) is a strategy to define and deploy business processes in a flow, driven in response to customer demand. DFT is based on a set of applied mathematical tools that are used to connect processes in a flow and link it to daily changes in demand …   Wikipedia