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What is meant by just in time purchasing

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Reference no: EM132976121

1. What is meant by just in time purchasing?

2. What are problems associated with implementing JIT purchasing?

3. How does JIT purchasing effect order cost and lead time?

4. Does JIT really provide the solution to most manufacturing problems in the United States?

5. What are the differences between purchasing capital goods and raw materials? Between capital goods and services

6. As a puchasing manager would you be prepared to use another supplier if the price of the equipment was lower?

4. What benefits does new equipment provide in the areas of quality and inventory costs?

6. How will the new equipment change the flow and material handling in the plant?

Reference no: EM132976121

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