Just-in-time practices in Singapore

The concept of Just-in-Time (JIT) was pioneered by the Toyota Motor Company in Japan, but its practice has been widely spread to other countries including Singapore. This project addresses the issues of JIT practice in Singapore. The scope includes a profile of JIT companies, their im...

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Bibliographic Details
Main Authors: Ng, Meng Choo, Cheong, Chin Min, Low, Ai Seok
Other Authors: Eddy Seet
Format: Final Year Project
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64319
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Institution: Nanyang Technological University
Language: English
Description
Summary:The concept of Just-in-Time (JIT) was pioneered by the Toyota Motor Company in Japan, but its practice has been widely spread to other countries including Singapore. This project addresses the issues of JIT practice in Singapore. The scope includes a profile of JIT companies, their implementation experiences, the costs and benefits, and the impact on the costing system. It also examines the reasons of non-implementation. The literature on JIT has been flourishing since the mid 1970's. Many authors had advocated numerous JIT concepts and had been concerned with the benefits of JIT techniques and the potential problems that may arise during JIT implementation. This study undertakes to address the much explored issues in the local context. A survey has been carried out among the JIT and nonJIT companies in Singapore. From the data gathered, a typical portrait of a JIT company in Singapore can be drawn and some insight is gained with regard to the deterrents of JIT implementation for the non-JIT companies. A detailed analysis of the findings reveals some characteristics that are unique in the Singapore context. It is hoped that this project will provide a useful guide to JIT companies to identify the prevalent problems and overcome them. For non-JIT companies contemplating the implementation of JIT system, they may find this report a useful source of information.