This paper concentrates on the primary theme of discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning). How are they related to maintaining proper levels of inventory? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
Supply Chain Innovations: Just-in-Time Manufacturing (JIT), Material Requirements Planning (MRP)
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?
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