My part of team assignment week 2 Essay Example | Topics and Well Written Essays - 750 words

My part of team assignment week 2 - Essay ExampleA way to regard that the transportation companion provides its best effort is by establishing long term relationship with the company. Internal factors that can cause variability in the JIT system embarrass employees, machines, and inaccurate specifications. The JIT chronicle system is used by accountants as a measure to lower inventory costs in order to increase profitability. as well much inventory hurts the liquidity of an enterprise.The company that made famous the JIT inventory system when it began to use it as a tool to improve the productivity of the company is Toyota Corporation. Toyota realized that in the car industry the nature of the avocation implied that there were many different types of inventories. There are many parts in the auto assembly process. All cars are made up of hundreds of different parts. The JIT system at Toyota allowed the company to saved money by reducing the amount of inventory in the companys wa rehouses. After Toyota introduced JIT in the 1970s many companies followed suit and implemented the system. JIT inventory can be applied to any business industry, but it has greater applications in the manufacturing sector. The JIT system was adaptive at Toyota allowing the company to adjust inventory levels based on the size of the production batches. To take throw out advantage of the JIT inventory model Toyota designed car models with compatible