期刊名称：Facta Universitatis. Series Economics and Organization
印刷版ISSN：0354-4699
电子版ISSN：0354-4699
出版年度：2012
卷号：9
期号：2
页码：193-204
出版社：University of Nis
摘要：In recent decades, great number of companies have encountered drastic changes of business conditions. In such a situation, achieving and maintenance of competitive advantage becomes more difficult. The selection of an adequate strategy and appropriate key factors of success is based on the creation of value for the customers which becomes the essence of achieving permanent competitive advantage. Continuous search for new business ideas and new business systems results in high-quality products at the moment when they are necessary, at a price that is acceptable for the customers. With the purpose of producing one such product, it is necessary to eliminate non-value-added activities, reduce, above all, inventories and defects and ensure 100% on-time delivery service. In the course of that process, special role and significance are given to Just in Time (JIT) business system, which changes the cost structure through the reduction of overhead costs, Backflush costing, which rationalizes the procedure of cost tracking and analysis, and total quality management, which ensures high quality of a product through the involvement of all employees and achieving of excellence of each aspect of a company.
关键词：competitive advantage; Just in Time; Backflush Costing; Total Quality Management
