Just-in-Time (JIT) Inventories

Choose companies or industries for which JIT would be totally inappropriate? Explain your reasoning with examples in 200-250 words.

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Just in time is a strategy that is used by many companies whose main aim is to reduce the production cost which is usually incurred when storing inventories (O’Grady, 2012). This strategy has helped many companies to reduce the amount of inventories in their possession hence leading to increased productivity in the companies and also reducing wasted materials as only what is needed is usually delivered…..

APA

243 words

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