Which major OSCM concept can be described as an integrated set of activities designed to achieve high-volume production using minimal inventories of parts that arrive at workstations exactly when they are needed?

OSCM involves the integration of strategy procedures to implement the strategy and analytics to support the firm's ongoing choices.

In the early 1980s, the Japanese created the concept of just-in-time manufacturing, which is defined as a coordinated collection of operations meant to produce high volume production with low stockpiles of components that arrive at workstations immediately when they are required.

The just-in-time (JIT) inventory system reduces inventory while increasing efficiency. JIT manufacturing techniques reduce inventory costs since producers acquire materials and parts as needed for production and do not incur storage fees. Manufacturers are also not left with unsold inventory if an order is canceled or not fulfilled.

One example of a JIT inventory system is a car company that runs with minimal inventory levels but significantly relies on its supply chain to provide the parts needed to assemble automobiles on an as-needed basis. As a result, the manufacturer orders the parts needed to construct the automobiles only once an order is received.