LotsOfEssays.com

rm relationships. These relationships "encourage supplier loyalty and reduce the risk of an interrupted supply of parts to the buyer's plant." Such relationships are also beneficial to manufacturers because they encourage suppliers to take part in quality control efforts.

In addition to reducing the number of suppliers, JIT purchasing calls for deliveries "in smaller quantities and on a more frequent basis." This relates to the basic JIT purchasing philosophy. Thus, instead of hoarding large inventories of stock, JIT manufacturers focus on only using the small number of parts th

...