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 383
- Downloads 21
Determinants of Business Information Security
Insufficient security can result in downtime, or even worse, reduce credibility with customers and partners. Many organisations have preventive security measures in place, such as firewalls, antivirus systems and netwo...
The Implication of Moral Intelligence and Effectiveness in Organization; Are They Interrelated?
Moral intelligence is one of the most important factors that can increase effectiveness and efficiency, the two important factors that every organization wants to be survived in chaotic market should concentrate more o...
“PROSPECTS AND OPPORTUNITIES IN RETAIL SECTOR”
Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central...
A STUDY OF ORGANISATIONAL DEVELOPMENT: EXPLORING THE IMPACT OF HIGH PERFORMING EMPLOYEES THROUGH JOB SATISFACTION
The purpose of this study was to understand the degree to which employees’ satisfaction with merger-induced organizational changes impact on their productivity and the merged-firm performance. This is because, the intr...
CORPORATE GOVERNANCE
DEFINITION OF CORPORATE GOVERNANCE The concept was first used by World Bank in 1989. Corporate governance made a new bridge of interactions relationship between government and public. The roots of definition of corpora...