Just In Time Inventory. Applying or not applying this approach will have significant implications as to the amount of inventory costs that are managed by a manufacturer.Explore this idea a little more and think through how it might apply to a hypothetical employer.

Your boss at work is wondering if adopting just in time inventory will be a help for the business where you work. Assume for now that your employer is a manufacturer of inventory where a significant amount of the cost is in the inventory produced. Do some research about what JIT inventory is and what is good about it and where it might be a problem. Summarize both sides and memo addressed to your boss giving them the information they need to make the decision to move toward JIT or not.