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TLMT 352 Week 2 Discussion

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TLMT 352 Week 2 Discussion

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TLMT 352 Week 2 Discussion
Supply Chain Innovations

The Just-in-Time (JIT) production and stock control system helps to improve efficiency

and reduce waste. This supply chain control strategy aims to directly connect raw fabric

suppliers with production schedules and customer orders. This effectively ensures that the

products are made "just in time" for shipment to clients or distribution centers and that the assets

are transferred "just in time" for while the manufacturing facility is getting ready to build the

items. JIT delivers materials to the right place at the right time, right when they are needed

(Macias, E. 2019). This increases efficiency by reducing the amount of space required to "store"

chemicals longer than they may be needed. Additionally, it lessens waste and loss by making

ensuring that the right amount of inputs are collected for the production process. JIT keeps the

process moving smoothly and efficiently because there are fewer unnecessary items hanging

around.

MRP (Material Requirements Planning) is a common delivery planning tool that helps

organizations, particularly product-based manufacturers, identify stock requirements while

balancing supply and demand. Businesses use MRP systems, which are subsets of supply chain

control systems, to effectively manage inventories, schedule production, and deliver an

acceptable product—on time and at a good price (Mohruni, A. S. 2019). MRP enables businesses

to look at the inventory they need to fulfill orders, allowing them to optimize stock tiers and

production schedules. Businesses with poor visibility and response lack this knowledge, which

could result in:

• Ordering too much inventory, which drives up sporting costs and

keeps excess money from being put to better use in stock.

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