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ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022

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Added on  2022-08-25

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You are the vice president of support services for a mid-sized integrated health network. The system CEO recently attended a conference that extolled the virtues of Just in Time (JIT) supply management. You just read an article in today’s industry news feed about spot shortages of medical supplies (look for an actual piece). The CEO wants a deskside (i.e. short verbal) briefing on system supply policy. Develop a 5-15 slide presentation describing the advantages and risks of JIT.

ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022

   Added on 2022-08-25

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JIT SUPPLY
MANAGEMENT
ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022_1
ADVANTAGES
Manufacturing facilities uses Just In Time (JIT) approach
for increasing efficiency as well as decrease waste by
receiving products only as required for production process.
Advantages of JIT supply management are as follows:
Reduced space required
Smaller investments
Waste reduction/elimination
ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022_2
ADVANTAGES (CONTINUED)
Prevention of over-production
Decreasing defects of products
Minimizing transport costs
Reducing capital tied in stock
Saving resources through streamlining production
systems
Minimizing the waiting times
Dispensing with need of inventory operations
ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022_3
ADVANTAGES (CONTINUED)
Smooth flow of production
Reduction in waiting time and storage
Pull method
Employee satisfaction
Equipment maintenance
Stronger relationships of employees
Reliable vendors
Automated purchasing
ADVANTAGES OF JIT SUPPLY MANAGEMENT PRESENTATION 2022_4

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