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Time-Based Competition

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image for OpenScout resource :: Time-Based Competition

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The widespread use of just-in-time production (JIT) and other advanced manufacturing techniques has been credited with providing such improvements as decreased inventories, set-up times, downtime and workspace. These decreases have yielded increases in inventory turns, equipment utilization, labor utilization, and ultimately, profit.

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Copyright © 2011 Advameg, Inc.