Just in Time as a Logistical Supply Concept

  • Gregor Veselko
  • Igor Jakomin
Keywords: Just in Time, JIT, Quick Response, QR, inventories, costs, time, logistic concept

Abstract

Recent developments have shown revolutionary progress inthe areas of information technology, logistical science andinternationalisation of business. These facts and the elementsinvolved strongly influence the methods of production and provisionof services thanks to an i'epressibly growing speed ofdata and information transfer and surmounting the culturaland geographical obstacles, which has given rise to new conceptsof business process optimisation in overcoming the distancein space and time. The result of that development weretwo concepts in the business world, the Just in Time (J!T) conceptand its integral part 'Quick Response': whose origins arein the Far East, in Japan, in the automotive industry. Thebreak-through of these concepts and their fast spreading toother spheres of the world economy can be attributed to theiroverwhelming efficiency. Both concepts aim to release the capitaltied in inventories, and to reduce them, avoiding thus anysurplus inventories.

References

Christopher, M.: Logistics and supply chain management.

Financial times Pitman publishing, London.

Isaac, G. A. Ill.: Creating a competitive advantage

through implementing Just in time logistics strategies.

Chapter VII., Christopher, M. edition: Logistics, the

strategic issue, Chapter & Hall, New York 1992.

Rocco, L.: Manuale di logistica distributiva. Francesco

Boscato, Milano 1993.

Sherlock, J,: Principles of International Physical Distribution.

Oxford- Cambridge, Massachusetts 1994.

Waters, D.: Global Logistics and Distribution Planning.

Kogan Page Limited, CRC Press, Boca Raton 1999.

How to Cite
1.
Veselko G, Jakomin I. Just in Time as a Logistical Supply Concept. Promet [Internet]. 1 [cited 2024Dec.22];18(4):279-83. Available from: https://traffic.fpz.hr/index.php/PROMTT/article/view/697
Issue
Vol 18 No 4 (2006)
Section
Older issues

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