Submitting Campus
Daytona Beach
Department
Economics, Finance, & Information Systems
Document Type
Article
Publication/Presentation Date
6-1994
Abstract/Description
While both just in time (JIT) concepts and automation programs have been widely implemented and highly successful in large manufacturing companies, many smaller manufacturing companies have wondered whether it would be economically feasible to utilize these same techniques and derive these same benefits. When JIT is adopted by small manufacturers, it provides them with advantages over traditional manufacturing systems, such as lower cost, quality improvements, higher productivity, and less working capital tied up in inventory. Small US manufacturers must understand the basic principles and philosophy of JIT and update their production equipment if they are to be competitive in today's business environment.
Publication Title
National Public Accountant
Publisher
National Society of Accountants
Scholarly Commons Citation
Phillips, T. E., & Ledgerwood, J. R. (1994). Running with the Pack: JIT & Automation for Small Manufacturers. National Public Accountant, 39(6). Retrieved from https://commons.erau.edu/publication/112
Included in
Business Administration, Management, and Operations Commons, Entrepreneurial and Small Business Operations Commons, Manufacturing Commons, Operations and Supply Chain Management Commons
