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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
critically evaluate the relationship between the sourcing and procurement strategy with the corporate strategy
Supply chains are really supply networks that move the products, money, information and services. Explain 5 critical roles of supply networks that a manager must manage f
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Helo I wanted to make payment for my final assignment by 12 December 2018
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The Risk Pooling Game Report. Dear, Is required to play this game and do the following: - You got three categories. - Default model. - High demands verses low demands variance.
Question 1: (a) You are required to identify the dimensions you would use to evaluate the quality of a product (b) You are required to identify the dimensions you would u
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