JIT : it's happening in Singapore

• Main Authors: Koh, Eng Hui, Poh, Lee Hoon, Toh, Poh Chen
• Other Authors: Loi Soh Loi
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business::Management
• Online Access: http://hdl.handle.net/10356/62957
• Institution: Nanyang Technological University

JIT was developed in the 70s by the Japanese. It is a manufacturing philosophy that emphasises on producing only the necessary amount. Thus JIT can be used as a strategic tool to enable firms to gain a competitive advantage. Since minimum inventory is maintained in a JIT production system, it all...