FERLYN M.

ASEO
BSITM-TTO3YA-6

ASYNCHRONOUS ACTIVITY FOR NOVEMBER 21

1.What is JIT?
 JIT stands for "Just-In-Time." It's a compilation technique used in computing where code is compiled
at runtime, rather than ahead of time. This can lead to more efficient use of resources and better
performance for certain types of applications.

2. What is TPS?
 TPS can stand for various things depending on the context. In computing, it often refers to
"Transactions Per Second," a measure of the transaction processing performance of a system. In other
contexts, TPS might represent different terms, so it's essential to consider the specific domain for
accurate interpretation.

3. How does TPS contribute to competitive advantage?

 High TPS (Transactions Per Second) can contribute to competitive advantage in various ways. It
allows businesses to process a large number of transactions quickly and efficiently, leading to:

 Improved Customer Experience: Faster transaction processing means quicker services, leading to
enhanced customer satisfaction.

 Real-time Decision Making: High TPS enables businesses to make real-time decisions based on up-to-
the-minute transaction data, providing a competitive edge in dynamic markets.

 Scalability: Systems with high TPS are often more scalable, adapting easily to increased workloads
and accommodating business growth.

 Operational Efficiency: Efficient transaction processing reduces operational costs, making the
business more cost-effective and competitive.

 Market Responsiveness: Quick response to market changes, trends, and customer demands becomes
possible with high TPS, enabling businesses to stay ahead of competitors.

 In summary, a high TPS infrastructure allows organizations to operate swiftly, adapt to changing
conditions, and provide superior services, contributing to a competitive advantage.

1. What are the characteristics of JIT Partnerships with respect to suppliers?

-Just-In-Time (JIT) partnerships with suppliers are characterized by:

 Close Collaboration: JIT involves a close, collaborative relationship between the buyer and the
supplier. Communication is frequent and transparent.

 Supplier Integration: Suppliers are integrated into the production process. They often deliver materials
or components just as they are needed in the manufacturing process, minimizing inventory holding
costs.

 Flexible Contracts: JIT partnerships often require flexible and adaptive contracts. Suppliers must be
able to adjust to changes in demand and production schedules.
 Quality Assurance: Suppliers play a crucial role in maintaining high-quality standards. Defects or
delays in the supply chain can disrupt the entire JIT process.

 Reliability: Reliability is crucial. Suppliers must consistently deliver on time and meet quality
specifications to ensure the smooth flow of materials in the production process.

 Continuous Improvement: JIT partnerships focus on continuous improvement. Both parties work
together to identify and implement efficiency gains, cost reductions, and process improvements.

 Risk Sharing: There is often a degree of risk sharing between the buyer and the supplier. Both parties
may share information and risks to ensure the success of the JIT system.

 JIT partnerships with suppliers emphasize collaboration, efficiency, and a shared commitment to
quality and continuous improvement.

1. Which lean techniques work in both the manufacturing and service sectors?
 Several lean techniques are applicable to both manufacturing and service sectors. Some examples
include:

 Value Stream Mapping (VSM): This technique helps visualize and analyze the steps involved in
delivering a product or service, identifying areas for improvement in terms of efficiency and waste
reduction.

 5S Methodology: This approach involves organizing the workplace to improve efficiency and reduce
waste through the principles of Sort, Set in order, Shine, Standardize, and Sustain.

 Kaizen (Continuous Improvement): Encouraging a culture of continuous improvement by regularly

seeking ways to enhance processes, reduce waste, and increase efficiency is beneficial in both sectors.

 Kanban System: Originally from manufacturing, the Kanban system is widely applicable. It involves
visualizing workflows, limiting work in progress, and optimizing resource utilization.

 Standardized Work: Developing and adhering to standardized procedures ensures consistency and
quality in both manufacturing and service delivery.

 Poka-Yoke (Error Proofing): Implementing mechanisms to prevent errors before they occur, or
detecting and correcting errors early in the process, is valuable in both sectors.

 Single-Minute Exchange of Die (SMED): While it originated in manufacturing, SMED principles can
be applied to reduce setup times and increase flexibility in service processes.

 Total Productive Maintenance (TPM): Focusing on proactive and preventive maintenance practices to
maximize equipment reliability and availability is beneficial in both manufacturing and service
environments.

 Applying these lean techniques in a tailored manner to specific processes within manufacturing or
service sectors can lead to improved efficiency, reduced waste, and enhanced overall performance.