Time management is also a business issue. The marketplace changes quickly. New competitors arise. Customers are fickle. Customers want products delivered over night. Business accelerates at electronic speed. Windows of opportunity shrink as stakeholders are electronically linked.
Parts are delivered just in time for assembly or test. Inventories are reduced to close to zero. Time between a customer order and product delivery is minimized. Products across the world are delivered within 24 hours of being ordered.