1. ITGS HL Presentation By: Victor Chee

2. Just In Time (JIT) Process Is a production strategy that improves return on investment (ROI) by reducing inventory. ROI is the investment gains minus investment costs A process originated in Japan in the 1950’s and was adopted by Toyota and other manufacturing firms

3. How it Works Storage of unused inventory is a waste of resources Through statistics, industrial engineering, and behavioral science – exposes costs of keeping inventory Hence, don’t use unused inventory The Just-in-Time inventory system focuses in having “the right material, at the right time, at the right place, and in the exact amount”, without the safety net of inventory

4. Extract, Transform, Load (ETL) A process in database usage and data warehousing Extract data from data source Transforms data into format or structure for querying and analysis purpose Loads data it into final target (database, operational data store, data mart or data warehouse) which will create a report or data analysis This data is then usually used for other purposes depending on the content of the data. Three actions usually done in parallel. Data that is extracted is immediately sent to transform and then load