Supply Chain Management and the "Takt" Time Model
Supply chain management emphasises the key issue for all its participants to compose the supply chain as a whole, conquering other supply chains instead of competing among themselves. The enterprise success is related to and dependent on the success of its supply chain. Unbalanced production lines’ operations in meeting the actual demands of customers cause companies great problems in securing timely deliveries of their products and burden their relations with suppliers. In light of the aformentioned, companies are strongly urged to study and implement the ‘takt’ time model in their manufacturing processes in order to optimize material flows, rationalize inventories and eliminate bottlenecks. We argue that by implementing the ‘takt’ time model companies can greatly improve the adaptability of their manufacturing processes to meet market demands.
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