Design of a performance measurement system for just-in-time production: a methodological framework

摘要

In this era of globalisation and fierce competition amongst businesses there is a need to implement new manufacturing strategies to enhance business performance. Time-based competition is a multidimensional approach and Just-in-Time (JIT) philosophy designed to achieve high volume production using minimum inventory at the right time based on planned elimination of all wastes and continuous improvement, now plays an increasingly prominent role in manufacturing environment. However, there is no evidence in the literature of any mechanism for quantitatively relating JIT techniques to measurable performance in manufacturing environment. This paper describes the methodological framework to understand the impact of key JIT drivers on performance and hence develop a generic model to identify and capture the strategic influences of JIT practices on performance. An application of this methodology in a JIT-enabled UK manufacturing company is presented.