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What is Just-In-Time (JIT) approach? What are the reasons for adopting JIT in an organization? State the replenishment techniques used by retailers?
Just in-time (JIT) JIT (Just-In-Time) refers to an approach to purchasing, which requires long term agreements with a few suppliers. JIT is an essential feature and a necessity in case of many perishable food commodities such as milk, fruits, vegetables, fish, meat, etc. There are stipulations which specify that certain vegetables (example, gherkins) have to reach the processing units within 6 to 10 hours from the time of harvest, for maintaining the desired quality. The JIT approach is dependent on leadership and a clear communication of "objectives and demands. It requires teamwork and collaboration internally and also with suppliers
what is the potential negative or downside to the long-term Starbucks-OHL collaboration? identify what you consider to be three major potential problems in such long term relations
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Aerial Products has received a contract to construct airframes produced at a client's factory in Tennessee. There are strict quality control measures in place for the airframes.
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GroceryKart.com is responsible for supplying fresh vegetables and produce to all mom-and-pop retail stores in Mumbai and adjoining suburbs. There are about 600 stores in their netw
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Based on your own research on the use of e-commerce/e-procurement in the public and private sectors, what are those elements that you consider to be unique to each? How would yo
QUESTION (a) Explain the meaning of International Purchasing and illustrate your answer with an example (b) (i) Discuss three main advantages of International Purchasing
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