Managing Bottle Neck Capacity Management Essay Paper (Essay Sample)

Managing Bottle-Neck Capacity
Student’s First Name, Middle Initial(s), Last Name
Institutional Affiliation
Course Name and Number
Instructor’s Name and Title
Assignment Due Date
Managing Bottleneck Capacity
Inventory management is one of the crucial activities in business processes. One of the concepts in inventory management is Just-in-Time. Just-in-Time management refers to a technique that organizations and companies employ to reduce wastage by receiving only the amount of goods needed in the production process. This reduces inventory costs. The methodology has been in use for quite a long period as a response to the scarcity of resources; thus, less wastage (Comviva, 2016). In capacity management, just-in-time enables service providers to plan and also facilitates capacity management. It is unavoidable to talk about capacity management without mentioning bottleneck capacity. In simple terms, as the name suggests, the bottleneck can be viewed as literally the neck of a bottle, which is what lets out the content of the bottle. Usually, no matter the size of a bottle, the amount of fluid a bottle lets out is determined by the size of the bottleneck's opening. The concept is applicable in a management or a system structure in that the system can be regarded as fast as the bottleneck process (Comviva, 2016). Technically, the concept holds in a typical production environment, whether in the manufacturing process or in the office.