Just-in-time or JIT is a concept from manufacturing, more specifically from the discipline of supply chain management that is designed to reduce a manufacturer”s costs and increase ef
ficiency by improving the flow of supplies and goods, reducing the amount of in-process inventory that is purchased and stored, and more effectively aligns production, (and production workers), with customer demand.
Essentially, JIT can be simplified as a process where component parts inventories are kept extremely low, production is raised or lowered to match ebbs and flows of customer demand…
Read the whole post over at Steve Boese”s HR Technology Journal (an FOT contributor blog).
Steve Boese is fondly known to many as the HR Technology blogger. By day, he is the Co-Chair of Human Resource Executive’s HR Technology Conference. He is also a former Director of Talent Management Strategy at Oracle and an HR Technology instructor. Steve can also be found hosting the HR Happy Hour Show and Podcast … you know, where a bunch of HR pros get together and call in to talk about HR stuff. Sounds like an SNL skit, we know. But when you have Dave Ulrich, the grandfather of HR as show guests, well, I guess you’re doing something right. Talk to Steve via email, LinkedIn, Twitter or Facebook.