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Technical Paper

Just-in-Time Supply of Aerospace Hardware A Win-Win for the Customer and Supplier

1997-06-03
972197
Just-In-Time (JIT) Inventory Management is a common-sense parts delivery philosophy in which a supplier “partner” closely manages the flow of material for a customer so that all parts requirements arrive at the appropriate workstation “just-in-time” for assembly. Properly implemented, the concept is a win-win for the customer and supplier. For the customer it offers (i) better cash flow; (ii) elimination of waste; (iii) lower overhead; and (iv) better utilization of staff. The supplier, in turn, can expect (i) higher and predictable sales volumes; (ii) increased inventory turns; and (iii) added “buying power” with their sub-tier suppliers. The concept is equally applicable to airframe and airframe-component manufacturers, and to aircraft maintenance and repair facilities. JIT commodities may range from major airframe components, to the “nuts and bolts” that hold these components together.
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