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Looking at the processes of Walmart I am blown away by the way that they utilize this system to optimize all of their stores and distribution centers. Something in relation to the management of supply chains and anything revolving close to that would be so interesting to work in.
ОтветитьThe efficiency and cost-effectiveness of JIT are truly fascinating. The way it minimizes inventory while maximizing production flow offers a fresh perspective on supply chain optimization.
ОтветитьThis lecture video is great for understanding the JIT systems. It provides a great visual of the pros an cons of the systems and how the are used.
ОтветитьThis video is super important to watch. It is helpful depending on what area of business you work in. It is broke down so you can really understand and grasp it
ОтветитьJust In Time Systems is a new topic that I had never been introduced to that I'm aware of. Though its seems to be a very common system that is used often. I'm glad I had a chance to learn some basics about the system and how it is used today and by who.
ОтветитьI had never really heard of the Just In Time Systems with that exact name, it is something most business people or employees learn as a system of inventory as a basic in the company. I think it is interesting to learn where it was first developed and implemented, and how it has become a popular inventory system in many different companies.
ОтветитьThe just in time system has a very intresting back story that has lead to helping so many businesses! The benefits this system brings doesnt just help the company ustilizing it but also local business / manufacturers.
ОтветитьJIT systems is something I have not learned much about. I think this is one of the most vital pieces to businesses with goods. It reduces cost and increases turnover, that is HUGE! It was easy to understand JIT because of this video!
ОтветитьThis video was very informative In the understanding of the JIT system which I didn't know before. The video went into detail how it was created and how they follow it.
ОтветитьAwesome! Have been helped.
ОтветитьEnjoyed the video, thank you for the concise and clear explanations of the model
ОтветитьJIT seems like a great thing to have. This has it where you don't half to overstock. You are able to have things ordered as they are needed and this really does allow more time and abilities to do other things.
ОтветитьThis video helps to explain JIT. I saw this in other classes like operations management. However, the visuals made it easier to understand. This video discusses how JIT is used to reduce large stock piles of inventory, decreasing waste and increasing profits.
ОтветитьThis video was interesting to me since it went over the importance of inventory control and how expensive it can become. It is crucial that management understands JIT since it reduces inventory waste, decreases warehouse holding costs, and allows local sourcing. It is also important to understand the risks as there can be unreliable suppliers, costly technology, and unexpected demand surge and natural disasters.
ОтветитьI have learned about JIT inventory before but this video provides great examples that are very relevant to the real world.
ОтветитьThis video was a great way to further understand JIT systems. My dad is a logistics manager for a distribution company and in distribution, JIT systems are utilized most in order to make sure no products get ruined in storage and transportation.
ОтветитьThis video was very informative and beneficial. Just-in-tie system is an important part of business and this video provides a really good detailed explanation of it.
ОтветитьThis video was extremely informative and it helped me understand JIT in more of depth. I was able to grasp a better understanding of topic.
ОтветитьI found this video to be extremely fascinating and informative on JIT, how it works, how it is used, and why it is an important topic to discuss. Before this video, I did not know a single thing about this topic but I am glad I was able to learn something about it through this video!
ОтветитьJIT is a great way to cut cost. It did fail during covid but it seems like in a normal condition, that it works very well.
ОтветитьThis video gave me knowledgeable insight on how the just-in-time system works in different business industries. I knew that some companies had to stock up and put out their inventory as needed but I was never sure how that actually worked or what it was called. I really enjoyed learning in this video.
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ОтветитьVery good
ОтветитьI enjoyed this video so much and I think it’s one of my favorite. Supply chain is also very important in the business world because a lot firms see benefit through it.
ОтветитьAs a business management major, I find this video informative because it goes in detail and give great examples of how JIT was created and how companies follow this in supply chain management.
Ответитьi really enjoyed learning about this concept and seeing how my current job practices this type of inventory.
ОтветитьI always knew about this aspect of business just from work, but I never know it had a name. I enjoyed learning about this in more depth and really getting to understand how it all works. There are both risks and benefits to this as you mentioned.
ОтветитьBackup plan would be to carry minimum inventory..to meet unexpected surges or exigency
ОтветитьI was not familiar with the JIT model until this video. I think it is something companies can benefit greatly from, however, I do feel like it can be a risk from following the JIT model based on real world examples that were given in the video.
ОтветитьThat's really helpful. Can you also expain VMI replenishment?
ОтветитьThank you very much for detailing video , Pretty much covered.
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