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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: C.K. Houston who wrote (11526)2/17/1998 6:11:00 PM
From: j g cordes  Read Replies (1) of 31646
 
Supply Chain Additional Comment
Traditional manufacturing until the Japanese miracle of the '80's, relied on having a ready stock of finished parts for assembly. The concept of "just in time delivery" introduced by the Japanese cut down the overhead costs and inefficiencies of maintaining a large stock of parts on hand. It also allowed a more rapid product improvement cycle or design changes since fewer parts were in the pipeline to absolve.

Supply chain software takes this a step further by refining the anticipation of assembly need, modification of parts if necessary, delivery and quality control cycles. Tighter loops of communication between suppliers and manufacturing are being forged with suppliers having 'virtual contact' with the factory floor, design and procurment.
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