Asked by Nguy?n Luân on Jun 25, 2024
Verified
The supply-chain strategy of ________ increases the willingness to participate in JIT.
JIT
Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules to minimize inventory costs.
Supply-Chain Strategy
A plan for managing all aspects of a product's supply chain, from raw materials to distribution, to maximize efficiency, reduce costs, and enhance competitiveness.
- Identify methods for addressing supply chain challenges, including the bullwhip effect, by managing inventory and orders.
Verified Answer
KS
Learning Objectives
- Identify methods for addressing supply chain challenges, including the bullwhip effect, by managing inventory and orders.