Traditionally inventories of, raw materials and parts are carried so that a firm can take advantage of quantity discounts. And hedge against future price increases of the items purchased. The objective is to lower the cost of inventory. JIT purchasing. Achieves the same objective without carrying inventories. The JIT solution is to exploit supplier linkages by negotiating. Long-term contracts with a few chosen suppliers located as close to the production facility as possible and by establishing. More extensive supplier involvement. Suppliers are not selected on the basis of price alone. Performance the quality of. The component and the ability to deliver as needed - and commitment to JIT purchasing are vital considerations. Every effort. Is made to establish a partners-in profits relationship with suppliers. Suppliers need to be convinced that their well-being. Is intimately tied to the well-being of the buyer.
การแปล กรุณารอสักครู่..