Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Supply risks in JIT implementation

Supply risks in JIT implementation Risk is inevitable and inherent element for running any business. Management must be aware of the risks involved. It should evaluate the consequences of risks and device a risk mitigation plan accordingly; otherwise the business may get collapsed. For more than 20 years, supply chain management practices adopting lean or just-in-time (JIT) concepts to trim down waste within the overall supply chain. Adoption of JIT concepts in purchase has reduced total supply chain costs, however lead to inbuilt complexity and risks. One of the most significant tasks of top management is to recognise and address critical supply risks in JIT adoption. The objective of this paper is to explore and categorise significant supply risks in JIT implementation from buyer's perspective. Thirty JIT supply risks have been identified and discussed after reviewing the relevant literature. Keywords: just-in-time; JIT; lean supply chain; supply chain management; SCM; supply risk. Reference to this paper should be made as follows: Jadhav, J.R., Mantha, S.S. and Rane, S.B. (2015) `Supply risks in JIT implementation', Int. J. Business Performance and Supply Chain Modelling, Vol. 7, No. 2, pp.141­170. Copyright © 2015 Inderscience Enterprises Ltd. J.R. Jadhav et al. Biographical notes: J.R. Jadhav is a research http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Business Performance and Supply Chain Modelling Inderscience Publishers

Loading next page...
 
/lp/inderscience-publishers/supply-risks-in-jit-implementation-0sSHtHr0k4
Publisher
Inderscience Publishers
Copyright
Copyright © 2015 Inderscience Enterprises Ltd.
ISSN
1758-9401
eISSN
1758-941X
DOI
10.1504/IJBPSCM.2015.069920
Publisher site
See Article on Publisher Site

Abstract

Risk is inevitable and inherent element for running any business. Management must be aware of the risks involved. It should evaluate the consequences of risks and device a risk mitigation plan accordingly; otherwise the business may get collapsed. For more than 20 years, supply chain management practices adopting lean or just-in-time (JIT) concepts to trim down waste within the overall supply chain. Adoption of JIT concepts in purchase has reduced total supply chain costs, however lead to inbuilt complexity and risks. One of the most significant tasks of top management is to recognise and address critical supply risks in JIT adoption. The objective of this paper is to explore and categorise significant supply risks in JIT implementation from buyer's perspective. Thirty JIT supply risks have been identified and discussed after reviewing the relevant literature. Keywords: just-in-time; JIT; lean supply chain; supply chain management; SCM; supply risk. Reference to this paper should be made as follows: Jadhav, J.R., Mantha, S.S. and Rane, S.B. (2015) `Supply risks in JIT implementation', Int. J. Business Performance and Supply Chain Modelling, Vol. 7, No. 2, pp.141­170. Copyright © 2015 Inderscience Enterprises Ltd. J.R. Jadhav et al. Biographical notes: J.R. Jadhav is a research

Journal

International Journal of Business Performance and Supply Chain ModellingInderscience Publishers

Published: Jan 1, 2015

There are no references for this article.