Question: Japanese industry is often praised for its just in time inventory practice

Japanese industry is often praised for its “just-in-time” inventory practice between industrial buyers and industrial sellers. In the context of the “Day’s Receivables” turnover in Exhibit 19.5, what is the comparative impact of the “just-in-time” system in Japan? Are there any risks associated with this system? Do you think this applies equally to Japanese manufacturing firms sourcing raw material and components in Japan, and those sourcing similar items from Thailand and Malaysia?

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  • CreatedOctober 13, 2015
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