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Describe the core elements of a just-in-time (JIT) system Describe the JIT philosophy Explain the benefits of a JIT system Describe the relationship between JIT
- Describe the core elements of a just-in-time (JIT) system
- Describe the JIT philosophy
- Explain the benefits of a JIT system
- Describe the relationship between JIT and lean systems
- Explain the differences between "push" and "pull" production systems
- Explain how JIT manufacturing works and its key elements
- How does JIT fit within Operations management?
- Describe constraints management: internal resources, market, and policy constraints
- Describe components of a supply chain
- Describe the concepts of insourcing or outsourcing and provide examples of when an organization should use each
- Explain the difference between vertical and horizontal integration
- Explain the concepts of backward and forward integration
- Describe how an organization implement supply chain management
- Describe the supply chain management metrics
- Describe how inventory management differs for manufacturing, retail, and service industries.
- Identify the objectives of inventory management
- Describe methods used to verify inventory (cycle and periodic counting)
- Describe the process of developing an aggregate plan
- Analyze the effectiveness of an existing aggregate plan (See marketing plan in the e-Text)
- Describe the two groups of options an organization can use when formulating an aggregate plan
- Describe the appropriate aggregate planning strategy for a given situation (Level, Chase & Hybrid)
- Describe the benefits and costs of enterprise resource planning (ERP) systems.
- Explain the different types of demand (Dependent and Independent)
- What are the objectives of materials requirement planning (MRP)?
- What is the role of capacity requirements planning (CRP)?
- What are the phases in the project life-cycle and their description?
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