What are the benefits of just-in-time (JIT) techniques?What types of organisations use JIT techniques?Should things change if they are running smoothly?
Description There is a cost associated with holding inventories or stocks. Just-in-time techniques can provide cost efficiencies in terms of a reduction in holding inventories. In formulating your piece, consider the following questions: • What are the benefits of just-in-time (JIT) techniques? • What types of organisations use JIT techniques? • Should things change if […]