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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1206 |
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This must come from the company providing the product or service and all of the suppliers that are involved in the process. Further, J-I-T inventory management is based on the idea of flexibility. The retailer must be able to ramp up and down to meet demand and have the ability to make changes to the inventory on the fly without it negatively affecting the entire supply chain...
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In many ways, this is an "ideal" system that may not be 100% attainable. However, a real-life J-I-T inventory management system is not and can not be perfect but will continue to strive to identify deficiencies and work hard to get better. A great example of this type of system exists with Cardinal Health...
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