Analytical Model for Just-in-Time Purchasing
Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 3
Abstract
Just-in-Time purchasing strategy is adopted by organizations to gain advantage over their competitors. Implementation of purchasing strategy can increase firms' performance. Just-inTime purchasing strategy has benefits like higher inventory turnover, increased product quality and productivity. This strategy lead to a reduction in product costs. Lower prices will lead to increased market share and profit. This paper is based on model of Just-in-Time purchasing factors like top management commitment, employee relations, training, supplier quality management, transportation, and quantities.
Authors and Affiliations
Renu Bala
Keywords
Related Articles
- EP ID EP19406
- DOI -
- Views 380
- Downloads 21
Enhancing CRM Philosophy in Retail Banking
The banking sector, at present, is witnessing a substantial growth and many drastic changes. Globalization and deregulations have increased competition in the market place, as nowadays it has become much easier for ban...
QoS Routing Protocol Using GAs
Routing protocols in most networks use the length of paths or the minimum-hops can be achieved, as the routing metric and the QoS requirements. This led to the motivation to propose a new algorithm that satisfies multi...
DIMENSIONS OF EMPLOYEE-MANAGEMENT RELATIONS IN INDIA: SOME REFLECTIONS
“A quest for Industrial harmony is indispensable when a country plans to make economic progress is bound up with industrial harmony inevitably leads to more cooperation between employer and employees, which result in m...
Introduce a mathematical model for the Metro Passengers Waiting Time
Can be say all or most people tend to do the work faster and also move faster from place to other place, and fed up with the factors which could cause things done and moving on slowly and keep aloof too waiting. In thi...
MOBILE BANKING& CONSUMER BEHAVIOUR IN COCHIN CITY
In the present scenario the use of mobile banking has increased considerably. Government and banks urging the customers to use mobile banking instead of going to banks as well as for purchasing. As per the study Balan...