Question: Do we really need inventory in Supply Chain given the need to run with less working capital and the deployment of leading supply chain operational

Do we really need inventory in Supply Chain given the need to run with less working capital and the deployment of leading supply chain operational practises such as JIT that are now prevalent in many companies? Discuss raw materials and finished goods policies and practises, as well as supply chain and market hazards. Use examples from your own life to back up your points?

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