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Rudik [331]
3 years ago
7

Just in time inventory manajement would most help which business?

History
1 answer:
melisa1 [442]3 years ago
7 0

<u>Answer:</u>

Just in time inventory management would most help automotive company.

<u>Explanation:</u>

  • Just-in-time inventory system is a 'management strategy' that aligns procurement of raw material order directly with the production schedules.
  • Generally, an automotive company benefits most from just-in-time inventory management because an automotive industry only manufactures a car after an order is received.
  • Just-in-time inventory management system cuts off inventory costs because of low inventory and lesser storage requirement.
  • Because of working with less inventory, production runs are short and manufacturers can switch from one product to another easily.
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