Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara

Just-in-time (JIT) is an excellent Japanese management technique. However, it has received criticisms about its limitation during unexpected disasters, especially after the Great East Japan Earthquake. Some companies prefer to stock as a countermeasure to the damage sustained by supply chains. Thoug...

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Main Author: Hara, Shinnosuke
Format: Article
Language:English
Published: Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2016
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/29979/
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author Hara, Shinnosuke
author_facet Hara, Shinnosuke
author_sort Hara, Shinnosuke
building UiTM Institutional Repository
collection Online Access
description Just-in-time (JIT) is an excellent Japanese management technique. However, it has received criticisms about its limitation during unexpected disasters, especially after the Great East Japan Earthquake. Some companies prefer to stock as a countermeasure to the damage sustained by supply chains. Though the earthquake had a significant effect, is such a decision appropriate? How did Toyota Motor Corporation (the originator of JIT) behave in this situation? In this study, we address these question through an investigation of the inventory turnover of Toyota and its suppliers. We analyze the inventory turnover using statistical tests. Our results support the tendency of companies to increase inventory possession after an earthquake. However, a particular company showed a tendency to decrease its inventory. Considering the situation of all the suppliers when evaluating inventory control is necessary because the analysis is conducted at the supply chain level.
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spelling uitm-299792020-04-20T01:52:50Z https://ir.uitm.edu.my/id/eprint/29979/ Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara apmaj Hara, Shinnosuke Environmental policy and economic development. Sustainable development. Environmental management Risk management. Risk in industry. Operational risk Economic development Just-in-time (JIT) is an excellent Japanese management technique. However, it has received criticisms about its limitation during unexpected disasters, especially after the Great East Japan Earthquake. Some companies prefer to stock as a countermeasure to the damage sustained by supply chains. Though the earthquake had a significant effect, is such a decision appropriate? How did Toyota Motor Corporation (the originator of JIT) behave in this situation? In this study, we address these question through an investigation of the inventory turnover of Toyota and its suppliers. We analyze the inventory turnover using statistical tests. Our results support the tendency of companies to increase inventory possession after an earthquake. However, a particular company showed a tendency to decrease its inventory. Considering the situation of all the suppliers when evaluating inventory control is necessary because the analysis is conducted at the supply chain level. Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2016-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29979/1/29979.pdf Hara, Shinnosuke (2016) Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara. (2016) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29.html>, 11 (2). pp. 169-192. ISSN 2550-1631
spellingShingle Environmental policy and economic development. Sustainable development. Environmental management
Risk management. Risk in industry. Operational risk
Economic development
Hara, Shinnosuke
Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title_full Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title_fullStr Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title_full_unstemmed Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title_short Inventory level change before and after the great east Japan earthquake: implications for just-in-time / Shinnosuke Hara
title_sort inventory level change before and after the great east japan earthquake: implications for just-in-time / shinnosuke hara
topic Environmental policy and economic development. Sustainable development. Environmental management
Risk management. Risk in industry. Operational risk
Economic development
url https://ir.uitm.edu.my/id/eprint/29979/