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World Class Manufacturing: Best Practices in the JIT Assembly Industry
Autelligence, June 2006, Pages: 66
The Just-in-Time (JIT) Assembly industry is a relatively new sub-sector of the automotive components sector, but it has grown significantly over the last 15 years to become an integral part of the global automotive components industry.
However, question marks are starting to appear from both ends of the supplying-purchasing divide over the continued growth of JIT assembly operations. JIT assembly operations of the large Tier One firms are barely profitable, and OEM executives are beginning to question the advantages of purchasing sub-assemblies from Tier One component manufacturers struggling to manage extended and increasingly complex supply chains.
While traditional automotive component manufacturers need to focus on absorbing and/or developing new manufacturing and product technologies in support of OEM requirements, the fundamental challenge for JIT Assemblers is the development of their logistics and materials management capabilities.
'World Class Manufacturing: Best practices in the JIT assembly industry' is a dedicated study on best practice operating standards within the JIT Assembly sub-sector. The only one of its kind, it is an essential guide for JIT assembly operations striving for optimum performance in a tough marketplace.
The report is presented in three sections:
Section 1 sets the scene, analysing key strategic developments in the JIT assembly sector, and outlining the key differences between - and different challenges facing - assembly and manufacture establishing which companies and operations fall under the description JIT assembler.
Section 2 unpacks the author's market driver benchmarking methodology, contextualising the importance of benchmarking in the global auto components industry and explaining the market driver methodology and measurement formulae used in the study
Section 3 details actual market driver performance findings in the areas of:
Cost control
Internal and external quality performance
Value chain flexibility
Value chain reliability
Human resource development
Product development
Financial performance
The report concludes with an analytical summary of major findings.
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