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Financial Statement Analysis (Fin621)...Gdb no 1 ...(Start date: 8 dec 2016...Due date: 13 dec 2016)..Marks: 5

GDB # 01.......................Lesson no 18 for GDB

Financial Statement Analysis (FIN621)

 

Just-In-Time (JIT) inventory approach apparently seems simple but it has much complexity for implementation. This era of huge competition along with better infrastructure, better transportation options and information technology services provided solid foundation to flourish JIT approach. This philosophy is indebted to different fields of life like statistics, mathematics and operational management and has many advantages i.e. limited warehouse expenses, minimum waste reduction, smaller investment and flexibility made it more prominent. Nevertheless, besides the advantages JIT approach faces many issues in practical scenario. You are required to give very brief description of disadvantages of JIT inventory management system. (Preferably in bullets or points)

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Replies to This Discussion

i think is k disadvantages ko discuss krna hy

think nahin yaqeenan ....kha hi iss k disadvantaes k baret mein hai ...aur scenario say hi disadvantages mil jaye gay

ok

can you explain more...????
please.....

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