What is just-in-time approach, Supply Chain Management

Assignment Help:

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

 


Related Discussions:- What is just-in-time approach

#title.sourcing and procurement., critically evaluate the relationship betw...

critically evaluate the relationship between the sourcing and procurement strategy with the corporate strategy

Explain principles of supply chain networks, Supply chains are really suppl...

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

Concept of supply chain management and definition, Question 1: Supply c...

Question 1: Supply chain management encompasses the planning and management of all activities involved in sourcing, conversion, procurement, and logistics management. Explain.

Explain the risks and advantages of global supply chain, Explain the risks ...

Explain the risks and advantages of Global Supply Chain Risks - a)      Supply side risks b)      Risks in international logistics c)       Demand side risks d)

BASF, How has BASF''s differentiated supply chain models worked to leverage...

How has BASF''s differentiated supply chain models worked to leverage its economies of scale and extensive knowledge of its customers'' industries?

Research paper, I have to submit a research paper this Saturday about a pr...

I have to submit a research paper this Saturday about a problem in managing global supply chains from the real business world (from work or from any business articles/cases). It h

Strategic International Business Management, Helo I wanted to make payment ...

Helo I wanted to make payment for my final assignment by 12 December 2018

Define the terms inventory and inventory control, Problem 1: (a) Define...

Problem 1: (a) Define the terms ‘ inventory' and ‘inventory control'. (b) State the classification of supplies for inventory purposes in your organisation. (c) List the a

The Risk Pooling Game Report. , The Risk Pooling Game Report. Dear, Is r...

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.

Evaluate the quality of a product, Question 1: (a) You are required to...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd