Description
The shift to world-class manufacturing strategies has necessitated complementary changes in management accounting
systems (MAS). Using survey data obtained from top manufacturing executives at 253 US firms, this study
empirically examines the relationship between the level of...
Description
In face of the challenges of global competition, business firms are concentrating more on the needs of customers and seeking ways to reduce costs, improve quality and meet the ever-rising expectation of their customers. To these ends, many of them have identified logistics as an area...
Description
Just in time (JIT) is a production strategy that strives to improve a business return on investment by reducing in-process inventory and associated carrying costs.
CHAPTER 1 INTRODUCTION
1.1 PROJECT
Today in this new era, the basis of competition between the industries is...
Just-in-time, pioneered by Taiichi Ohno in Japan at the Toyota car assembly plants in the early 1970s, is a manufacturing organization philosophy. JIT cuts waste by supplying parts only when the assembly process requires them. At the heart of JIT lies the kanban, the Japanese word for card...