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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2183 |
Essay's paper body
One study showed that the average benefits accrued by US manufactures over 5 years from using the JIT system were extraordinary. There was 90 percent reduction in the manufacturing cycle time, 70 percent reductions in inventory, 50 percent reductions in labor costs, and 80 percent reductions in space requirements...
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There was 90 percent reduction in the manufacturing cycle time, 70 percent reductions in inventory, 50 percent reductions in labor costs, and 80 percent reductions in space requirements.(2) All these benefits affect the channel relationship in some way and will benefit the end user, whether it's the cost of the product or the quality...
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