Discuss how the just-in-time inventory (JIT) system works. Why has this development had such a profound effect on logistics and channel management?
Answer to relevant QuestionsLogistics programs in recent years have incorporated many sophisticated developments closely associated with computer technology. Some of these logistics programs have been described in the literature in very optimistic ...What is the key issue involved in measuring the output of the logistics system? How does this relate to logistics service standards and gaining a competitive advantage? East Coast Auto Supply, a distributor of auto parts located in the New England area, received much of its inventory of rebuilt auto parts from a Los Angeles wholesaler that imports the remanufactured parts from several Asian ...Discuss the distinction between channel member performance evaluation and day-to-day monitoring of channel member performance. Is this distinction always clear-cut in practice? Explain why or why not. Applying performance criteria can be difficult because so many factors may be involved an may change over time. Moreover, some performance criteria may apply differentially to particular channel members in varying ...
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