Here at The Barnes Group, we specialise in Just In Time Logistics (JIT) – designed to make use of precise timings, ensuring maximum efficiency. This type of logistics allows for goods to be re-stocked and distributed before they are sold. Our highly trained warehouse operatives keep our warehouses running smoothly, allowing for efficient logistics targets to be met.
Through the clever calculation of lead times and reducing the cost of carrying extra stock inventory, JIT provides a desirable method to create more streamlined lead times and less money spent on inventory costs.
JIT is well thought of as a cost saving method – reducing the amount of inventory that is needed through the supply chain. This is otherwise known as the pull-method, where goods are produced at each stage, but only when they are required at the next stage. This process also prevents wastage caused by defective products, as every output is monitored before moving on to the next stage in the supply chain.
An optimised supply chain will help to deliver stock to customers in a timely manner, a strategy that spends as little money as possible. In turn, a streamlined supply chain will have a positive effect on customer satisfaction. Keeping down costs, reducing waste and keeping customers happy? JIT is certainly worth considering.
Here at The Barnes Group, we run a successful JIT strategy, that is well synchronised at every stage – helping to compress time and reduce cost for customers. With JIT, you have a faster turnaround on stock, therefore there is less of a need for so much warehouse or storage space. This frees up cost for spending on other aspects of a business.
For smaller companies, JIT is ideal for inventory management, as the process doesn’t require the purchase of large amounts of stock in one go. This logistics strategy instead, is economical and promotes a healthy cash flow for a business.
If you’re looking to introduce Just In Time logistics into your business plan, get in touch with The Barnes Group today on 0161 684 3070, to find out how our strategies can help to make your company more economical and reduce waste.