The philosophy that centres on production as needed is known as
A) ERP.
B) JIT.
C) Supply-chain management.
D) TQM.

Question

Quizplus · Accepted Answer

JIT (Just-in-Time) philosophy centres on producing only what is needed, when it is needed, in the required quantity, and with the desired quality level to fulfil customer demand without accumulating excess inventory. This approach reduces waste, increases efficiency and flexibility, and improves customer satisfaction. ERP (Enterprise Resource Planning) is a software system that connects different departments and processes within a company into a single integrated platform. Supply-chain management is the coordination of all activities involved in delivering products or services from suppliers to customers, including sourcing, production, logistics, and customer service. TQM (Total Quality Management) is a management approach that focuses on continuous improvement in all aspects of the organisation to provide value to customers and stakeholders.

The Philosophy That Centres on Production as Needed Is Known