The impact of just-in-time manufacturing on the transportation sector

The Just-in-time philosophy has become more and more the focus of interest when companies define their strategies to be successful in future competition. JIT was introduced by Toyota in the early seventies and rapidly adopted by many other Japanese firms. In the eighties, American and European companies were compelled to consider this new manufacturing approach in their own strategies if they wanted to hold their position as world class manufacturers and keep pace with the international competition. Since then, an increasing number of companies have been planning or implementing JIT principles in their production process. [Continues.]