Question: How does the implementation of Just - In - Time ( JIT ) inventory systems impact the efficiency and cost - effectiveness of operations in

How does the implementation of Just

-

-

Time

(

JIT

)

inventory systems impact the efficiency and cost

-

effectiveness of operations in manufacturing companies? Discuss the key principles of JIT, its advantages and disadvantages, and provide examples of how JIT has been successfully implemented in real

-

world manufacturing scenarios. Additionally, consider the challenges companies may face when transitioning to JIT systems and how these challenges can be mitigated through strategic planning and employee training.

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