Professional Documents
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Key Components
Example: A just-in-time (JIT) inventory system is a management strategy that has a company receive
goods as close as possible to when they are actually needed. So, if a car assembly plant needs to
install airbags, it does not keep a stock of airbags on its shelves but receives them as those cars come
onto the assembly line.
Benefits: JIT inventory management increases productivity by reducing the time and resources
required for manufacturing. This ensures faster production and shorter production runs. You can also
implement product changes quickly as there is less raw material stock.
4 steps in JIT process
1. Step 1: Ensure plant efficiency. Complete plant efficiency is at the core of JIT manufacturing.
2. Step 2: Maintain quality control.
3. Step 3: choose the right equipment.
4. Step 4: Secure your supply chain.
Human Resources Management System
“HRMS” stands for Human Resources Management System. It refers to a suite of software that organizations
use to manage internal HR functions. From employee data management to payroll, recruitment, benefits,
training, talent management, employee engagement, and employee attendance, HRMS software helps HR
professionals manage the modern workforce. Also called a human resources information system (HRIS),
HRMS systems put information about a company’s most valuable assets in front of the people who need
them.
Student Task: benefits of human resource information system
Office automation
Office automation is a general term that describes the different types of computer systems and
software that are used to collect digitally, store, transfer, alter and utilize office information to
execute tasks. In essence, office automation helps to manage data. Office automation allows data
to move without human intervention. Since humans are left out of the equation, there is no risk of
manual error.
Types of OA