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

Analyse the stages of the procurement cycle, Problem 1: What do you mea...

Problem 1: What do you meant by the ‘Purchasing Function'? Describe some benefits accrued to a firm having an effective purchasing function? Problem 2: Purchasing Depar

Answer, What is the effect of overstocking and under stocking in an organiz...

What is the effect of overstocking and under stocking in an organization?

Supply chain quality improvement, Supply Chain Quality Improvement Lean...

Supply Chain Quality Improvement Lean  is  a journey of  continuous  improvement.  Suppliers  must  often be provided with technical assistance which leads to co operation. At

Raw material., who''s responsiblity to conform the requirement of the raw m...

who''s responsiblity to conform the requirement of the raw material

Explain the concept of charter agreement, Question 1  Explain the Shipping...

Question 1  Explain the Shipping Process Flow Chart and the issues associated with seaports Question 2 Discuss the important documents that are used in international logistic

Challenge question, what can be gained in stapling yourself to an order?

what can be gained in stapling yourself to an order?

H, Will the pricing and product policy of a multinational firm be different...

Will the pricing and product policy of a multinational firm be different in a developed and an underdeveloped country? Justify your answer.n..

Explain the meaning of and reasons for currency fluctuation, QUESTION 1 ...

QUESTION 1 (a) Explain the meaning of and reasons for currency fluctuation (b) How can buyers protect themselves against the risks of currency fluctuation in International P

Assignment, assignment based on drivers

assignment based on drivers

MRP, what are the basic calculations of MRP

what are the basic calculations of MRP

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