Aktuálne číslo: 1/2024
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EFFECTIVENESS OF JUST-IN-TIME PRINCIPLE IN TODAY´S CIRCULAR ECONOMY AND ITS NEGATIVE EFFECT
In the context of circular economy, manufacturers aim to improve the quality of the environment and human life. With regard to the nature of their production, business entities within circular economy adopt the philosophy of the Just-In-Time method. This paper analyses the impact of this method on the current supplier-customer relations in the Czech Republic as well as the quality of fulfilment of its obligations. Moreover, it is evaluated whether the concept of Just-In-Time method is suitable for efficient functioning of this economy. Based on the data obtained, a comparison analysis of the research problem is performed. The level of meeting deadlines for supplies in the manufacturing process of a domestic business entity is examined. The analysis performed did not confirm the idea of combining speed with the adaptive response to change. In the Czech Republic, the Just-In-Time method is currently influenced by a number of negative factors, which significantly affect the current supplier-customer relations and the quality of fulfilment of their obligations. The key factors affecting the effectiveness of the Just-In-Time principle include the extension of the stock replenishment period and inaccurate logistics cooperation in the area of production planning.
Vydanie: 2022/1 Strany: 35-42 Klasifikácia JEL: L620, L210
DOI: https://doi.org/10.52665/ser20220104
Kľúčové slová: Circular economy, Just-In-Time, stock, effectiveness of manufacturing process, production, automotive, production theory, minimization of costs
Sekcia:
Kontakty:
Eva Kalinová
School of Expertness and Valuation, Institute of Technology and Business in České Budějovice
Okružní 517/10, 370 01 České Budějovice, Czech Republic, e-mail: kalinova@mail.vstecb.cz
Denisa Kostečková
Student, School of Expertness and Valuation, Institute of Technology and Business in České Budějovice
Okružní 517/10, 370 01 České Budějovice, Czech Republic, e-mail: 30026@mail.vstecb.cz
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