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The approach of Kelly is not perfect. Kelly has stated that she will sell her jewelry in different places including jewelry stores, and other shopping malls. However, this multichannel selling has dis...

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The Just-in-Time inventory management approach is a system where inventory is only ordered and delivered as needed to avoid having too much stock on hand. This can be done by using forecasting methods...

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Module 7 Written Assignment

Written Assignment

Q Just-in-Time (JIT) refers to a strategy in which goods are received only as they are needed during production. This approach is used by companies to increase efficiency and reduce waste, basically ensuring that no more is acquired than what is actually going to be used. Implications of JIT For this assignment you will look at some implications of JIT. After reading chapter 17 in the textbook, answer the following question in a paper of no more than two (2) pages. • What are the possible impacts or implications of a Global Supply Chain on JIT? o Refer to Text Exhibit 17.3 on page 365 Submit your assignment here.

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To describe the possible impact of the Global Supply chain in JIT it must be said that the supply chain is related to JIT or Just In Time that moves the material before it is needed in the manufacturing process (Murray, 2020). The Global Supply chain in JIT reduces the need for storing a large number of materials in a warehouse.