Just-in-time Purchasing. Katherine Hogan OISM 470W February 19, 2000. Presentation Overview. Definition of Just-in-time Purchasing Different uses How it will help your company Examples of Just-in-time Purchasing. Just-in-time Purchasing.
February 19, 2000
How can just-in-time purchasing be used in your organization?
Smaller lot sizes
More frequent deliveries
No rejection from the supplier
Buyer decides delivery schedule
Minimal paper work
Less formal communication
Relatively large lot sizes
Less deliveries at higher quantities
2% rejection from supplier
Lowest price is main objective
Time consuming, formal paperwork
Formal communicationDifferences between JIT and Traditional Purchasing
What is Faxban?
Who uses it?
How does it work?
What techniques are used in faxban?
What were the outcomes?
We are opening a shop that makes different types of chairs.
Discuss in groups the advantages of being a shop with traditonal purchasing values and JIT values.
Remember that we make many different types of chairs
What are the advantages to both types of purchasing?
"Faxban: Just-In-Time purchasing made simple." . 1997. <www.innovativepurchasing.com/articles/Faxban.html > (14 February 2001).
Foster, S. Thomas. Managing Quality: An Integrative Approach. Upper Saddle River, New Jersey: Prentice Hall, 2001.
"Just-in-Time." <www.clubpom.com/Student_Wing/Public/JITtutorial.html#web > (12 February 2001).
<www.cl.uh.edu/bpa/hadm/HADM_5731/ppt_presentations/20inven/tsld029.html > (14 February 2001).