Suppose you have been employed by Kam Steels Corporation as a financial manager. You want to change old inventory ordering system to the just-in-time inventory method. The shareholders and the CEO of the firm would like to know how the new would operate and the benefits and disadvantages of the just-in-time inventory method. 

By providing a high-quality argument, Explain how the new would operate and its benefits and disadvantages to the shareholders and the CEO of the firm?

Answer rating: 100% (QA)

Justintime JIT inventory method is a system where a company orders and receives inventory only when it is needed in the production process This system ... View the full answer