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Essential Idea
Essential Idea
While inventory creates a safety net for companies, maintenance and potential waste of resources can have significant implications for companies and the environment. Manufacturers must evaluate and analyse each market and determine whether a JIT or JIC strategy is the best to follow.
While inventory creates a safety net for companies, maintenance and potential waste of resources can have significant implications for companies and the environment. Manufacturers must evaluate and analyse each market and determine whether a JIT or JIC strategy is the best to follow.
Concepts and principles:
Concepts and principles:
• Just in case (JIC)
• Just in time (JIT)
Essential Understanding:
Essential Understanding:
• Advantages and disadvantages of JIC and JIT
You as a Designer:
You as a Designer:
An in-depth knowledge and understanding of the potential success of a product can lead manufacturers to decide in favour of JIC or JIT. This can vary from one product to the next and requires experience and intuition.
Student Notes
Student Notes
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