Ways for maintaining proper levels of inventory
Discuss below in a 250 words:
Q1 With respect to the supply chain, discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning).
Q2 How are they related to maintaining proper levels of inventory?
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With respect to the supply chain, discuss the terms JIT (Just-in-time) & MRP (Materials Requirements Planning).
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Describe the generic supply chain, also explain how the supply chain is modified from "brick and mortar" by ebusiness (websites).
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