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Management Information System ID : 20397 Adeel Iftikhar

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Page 1: Management information

Management InformationSystemID : 20397

Adeel Iftikhar

Page 2: Management information

Dell

Just In Time J.I.T

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Just In Time J.I.T

• Modern Companies are using JIT model.• To accomplish their goals.• To maximize :-

1. Revenue.

2. Profit.

3. Sales.• & also minimizing their :-

1. Overhead costs

2. Inventory costs.

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JIT VS Normal operative model

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Advantages of JIT model

• Companies become customer oriented.• Rather than product oriented.• Make products according to customers.• Make Win-Win Situation for everyone in the business.• From suppliers to customers.

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Examples of JIT.

Amazon Maserati

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JIT

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Function of JIT

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• Just in time model is need of the world.• Because we are surrounded by devices.• Through which we can instantly access , process, receive

& send anywhere at anytime in the world.• JIT is taking globalization to a whole new level.

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