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Author:Pragman, C.
Title:JIT II: A purchasing concept for reducing lead times in time-based competition
Journal:Business Horizons
1996 : JUL-AUG, VOL. 39:4, p. 54-58
Index terms:JUST-IN-TIME PRODUCTION
PURCHASING
COMPETITION
Language:eng
Abstract:Just-in-time is giving way to JIT II, the new generation of customer-supplier partnerships. The new basis of competition in many industries is time-based. This means that the focus is on reducing lead time by speeding up the design of new products or responding more quickly to customer demand for existing products. JIT II, a customer-supplier partnership concept pioneered at Bose Corporation and now practiced by major companies and their suppliers, can aid in cutting both design and response lead time.
SCIMA record nr: 149951
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