Conduct research about just-in-time inventory

Assignment Help Supply Chain Management

Reference no: EM133949431

Assignment:

Background: Many healthcare organizations have turned to just-in-time buying to control their supply chain costs. This is saving organizations money by keeping inventories lean but is this too risky?

Question/Instructions:

Conduct research about 'just-in-time' inventory (JIT Inventory)

Submit an initial post that addresses each of the following (please use section headers for each):

Concisely describe 'just-in-time' inventory.
What are its advantages?
What are its disadvantages & risks?
If you were the decision-maker for your organization about whether to use this supply chain method, what decision would you make - and why?

Reference no: EM133949431

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