Buy custom University of Phoenix MBA 502 - Strategy Assignment -
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2156 |
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Just-in-time systems improve a firm's profitability in the least amount of time (Gomez-Mejia & Balkin, 2002). In a JIT system, the firm's inventory is kept at the lowest level possible as inputs arrive at the organization when and not before they are needed (Gomez-Mejia & Balkin, 2002). As the computers log items sold, the software will deduct items from inventory and transmit information to the vendors for automatic ordering...
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As the computers log items sold, the software will deduct items from inventory and transmit information to the vendors for automatic ordering. This has decreased the time needed to receive ordered goods by making items arrive just-in-time. Shelf time of items that have not been purchased in a timely manner has also been minimized...
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