Show the benefits of jit, Financial Management

Assignment Help:

Q. Show the benefits of JIT?

Additionally to a higher price and quicker settlement by its major customer such a JIT agreement offers several benefits to the supplier of goods. Along with these are

- A guaranteed order from a major customer will facilitate output planning and the ordering of materials as inputs into its own production. Marton possibly capable of negotiate JIT arrangements with its own suppliers using the experience gained.

- The close co-operation inherent in a JIT agreement may support Marton and its customer to engage in joint research and development into planning future products.

- The experience gained in supplying main customer may give Marton the confidence and reputation to negotiate JIT agreements with other customers.


Related Discussions:- Show the benefits of jit

What does weighted average cost of capital, What does the "weight" refer to...

What does the "weight" refer to in the weighted average cost of capital? The weight pass on to in weighted average cost of capital refers to the portion of the total capital in

Advanced Accounting, Balance Sheets Peony Ltd. Aster Ltd. ...

Balance Sheets Peony Ltd. Aster Ltd. Assets: Cash $ 62,500 $ 25,000 Accounts receivable 187,500 200,000 Inventori

International monetary system, what is the criteria for a good internationa...

what is the criteria for a good international financial system

Example of relationship between bond price and time, Illustration    ...

Illustration      Discount bond (5 yr. bond with 10% coupon) (expected rate yield at 12%) Premium bo

Bank credit, Definition of 'Bank Credit': The amount of credit availab...

Definition of 'Bank Credit': The amount of credit available to a business or individual from the banking system. It is the aggregate of the amount of funds financial instituti

Example on modigliani and miller approach, Q. Example On modigliani and mil...

Q. Example On modigliani and miller approach? The subsequent is the data regarding two companies X and Y belonging to the same risk class: Company X

The national budget and governmental policies, Question 1: Explain clea...

Question 1: Explain clearly how the study of Public Policy making enables us to understand how Government tackles the major problems of society. Question 2: Analyse th

Dividends, Company X is expected to maintain a constant 7% growth rate in t...

Company X is expected to maintain a constant 7% growth rate in their dividends, indefinitely. If company X has a dividend yield of 4%, what is the required return on their shares?

Why do a split, Why do a Split? A 4 x 1 Split is an operation by which ...

Why do a Split? A 4 x 1 Split is an operation by which a shareholder now owns 4 shares for every share he/she had before. Logically, the stock market value of each of these new

Cash flow, how do you find total cash outflow through maturity

how do you find total cash outflow through maturity

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