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Discuss the use of Just in Time stock control.

Discuss the use of Just in Time stock control.

Answers


Lydia
? There is less warehouse space needed for stock
? Less stock is stored which should result in less wastage
? Theft will be reduced as stock is more tightly controlled
? Changes in fashion or trends will have less of an impact
? If stock does not arrive production can stop
? May lose out on bulk buying discounts
? There will be an increase in delivery costs as more frequent transportation exists
? There is a high dependence on suppliers
? May increase administration costs due to more ordering
? Stock may have to go straight into production and may not be time to check it for quality
lydiajane74 answered the question on June 1, 2018 at 08:23

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