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Just-in-time (JIT) inventory management was pioneered in Japanese manufacturing and is now widely accepted as an effective way to reduce a firm's inventory costs. What
Just-in-time (JIT) inventory management was pioneered in Japanese manufacturing and is now widely accepted as an effective way to reduce a firm's inventory costs. What is involved in just-in-time inventory management? What factors are necessary to make just-in-time inventory management successful? How does just-in-time inventory management affect a firm's suppliers?
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