JIT Risks

Essay specific features

 

Issue:

Business

 

Written by:

Mark A

 

Date added:

January 13, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 1048

 

Was viewed:

8990 times

 

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Essay content:

While JIT inventory systems are quite attractive for this reason, they are a double-edged sword. And though a JIT system might even be a necessity given the inventory demands of certain business types, its many advantages are realized only when some significant risks to healthy inventory management are mitigated...
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And though a JIT system might even be a necessity given the inventory demands of certain business types, its many advantages are realized only when some significant risks to healthy inventory management are mitigated. JIT systems have several cost-cutting advantages. As Charles mentioned in his Dell Computer case study, JIT inventory systems, a “financial imperative” for Dell, can radically reduce holding costs...
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