Question: Current thinking has managers trying to eliminate their stocks. This has been assisted by just-in-time operations, e-business, efficient customer response, point-of-sales equipment, electronic fund transfer,

Current thinking has managers trying to eliminate their stocks. This has been assisted by just-in-time operations, e-business, efficient customer response, point-of-sales equipment, electronic fund transfer, efficient transport and so on. Is this a sensible direction to move in? How do you think technology has affected views of inventory management? Give real examples to illustrate your points.

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