discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning). How are they related to maintaining proper levels of inventory?

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Supply Chain Innovations: Just-in-Time Manufacturing (JIT), Material Requirements Planning (MRP)

Instructions:

With respect to the supply chain, discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning). How are they related to maintaining proper levels of inventory?

Content:

Supply Chain Innovations Name: Course: Tutor: Institution: Date: Just-in-time manufacturing (JIT) is a production methodology aimed at reducing the response times as well as flow times within production from suppliers to customers. According to Lussier (2012), it is a method that raw materials get delivered sho

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discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning). How are they related to maintaining proper levels of inventory?

Supply Chain Innovations: Just-in-Time Manufacturing (JIT), Material Requirements Planning (MRP)

Instructions:

Content:

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