Question

Zoro Inc., a consumer electronics company, does not store any of its materials in the warehouse. Instead, the company's procurement department orders small quantities of materials as and when they are required. The vendors supply the ordered material directly to the company's manufacturing unit a day or two before the production starts. This arrangement helps Zoro Inc. to reduce costs and boost efficiency. This scenario best illustrates _____.a. mass customizationb. crowdsourcingc. just-in-time inventory managementd. continuous manufacturing systemse. contract manufacturing

Answer 1

Answer:

Option C is correct

Explanation:

This is to ensure that components needed for production of goods are delivered in time and it would help reduce capital investment on inventory.