At Buffalo Tungsten, we are committed to providing the level of quality, reliability, and responsiveness that our customers need to make a JIT system possible if they so choose. As a U.S.-based producer, we can offer our North American customers especially short lead times that allow us to quickly respond when their systems demand tungsten powders.
If you’re a user of tungsten powder looking to implement a JIT system, or just to reduce your inventory levels, contact us today to discuss how we can be the reliable supplier your company needs.
The Just-in-Time inventory system has become increasingly common in the business world in recent years. JIT is a “demand-pull” system in which each component in a production line is only produced as needed by the next stage in the process. Demand triggers each step of the production cycle (Datar & Rajan, 2018). The goal of JIT is to minimize inventory and carrying costs, freeing up capital for other uses.
References: Banton, Caroline. (2020). Just in Time (JIT). Investopedia. Retrieved from: https://lnkd.in/ftYgXQd Datar, Srikant M. & Rajan, Madhav V. (2018). Horngren’s Cost Accounting: A managerial emphasis. USA. Pearson.