Many companies have viewed JIT as a panacea—a knight in shining armor that promises rescue from sluggish profits, poor quality, and productive inefficiency. It is often lauded for its beneficial effects on employee morale and self-esteem. Yet, JIT may also cause a company to struggle and may produce a good deal of frustration. In some cases, JIT appears to deliver less than its reputation seems to call for.
Required:
Discuss some of the limitations and problems that companies may encounter when implementing a JIT system.