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Why Companies adopted JIT model lean thinking

Sep 3, 2021 | BUSINESS FINANCE | 0 comments

Sep 3, 2021 | BUSINESS FINANCE | 0 comments

Why Companies adopted JIT model lean thinking

Why Companies adopted JIT model lean thinking
Question Description
Just in time (JIT) is an inventory management method whereby materials, goods, and labor are scheduled to arrive or be replenished exactly when needed in the production process? Using this concept of JIT and Lean Thinking you should answer the following questions by taking any Saudi Manufacturing company. Use Saudi Aramco as example

The Answer must follow the outline points below:
JIT and Lean Thinking
Their Main functions
Any local example
Reasons with suitable Examples
Reference

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