Just In Time arrival in maritime industry
Categories Shipping and Freight Leave a comment Estimated reading time = 7 minutes
No, this article is not about the well-known concept of Just In Time in manufacturing..
But for interest, Toyota Motors created the Just In Time principle for their manufacturing plants based on which, they produce “only what is needed, when it is needed, and in the amount needed” eliminating waste, inconsistencies which results in improved productivity..
This JIT concept has been widely accepted and used by many other industries and has become synonymous with many supply chain processes of automotive, retail and fashion industries..
While not exactly the same, it seems this could also be applied in the maritime field especially in terms of the arrival of ships..
How..??