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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
Seamless Integration: Integration of new product introductions or changes to existing products fully into the enterprise system also known as engineering change management is cruc
QUESTION 1 (i) Explain a Free Trade Area with examples. (ii) Outline the activities of a Free Port. QUESTION 2 (a) (i) Define Incoterms (ii) How many Incoterms ha
The 3C model by Kenichi Ohmae The 3C model has been given by well known business strategist of Japanese origin, Kenichi Ohmae. The 3 C's of the model stands for: The
GroceryKart.com is responsible for supplying fresh vegetables and produce to all mom-and-pop retail stores in Mumbai and adjoining suburbs. There are about 600 stores in their netw
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
where can I get good reliable information to write a paper on supply chain management ?
Describe the supply chain of milk.
Sampling Risks Any uncertainty in a project plan that potentially can be controlled, tracked or identified is termed as Risk. Risk analysis involves consideration of uncertaint
the center-led enablers could be utilized without expending a great deal of corporate P/SM’s resources or requiring additional personnel?
Explain the risks and advantages of Global Supply Chain Risks - a) Supply side risks b) Risks in international logistics c) Demand side risks d)
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