Asked by Callie Little-Davis on Jul 09, 2024
Verified
JIT brings about competitive advantage by faster response to the customer regardless of cost.
Competitive Advantage
The attribute that allows an organization to outperform its competitors, often through superior quality, innovation, or efficiency.
Faster Response
The ability of a company or system to react swiftly to customer demands or market changes.
- Understand the concept of a push versus pull system and the mechanisms of achieving a faster response to customer demands.
Verified Answer
MM
Mushcat MertamiJul 13, 2024
Final Answer :
False
Explanation :
JIT (Just-In-Time) focuses on reducing costs by minimizing inventory levels and increasing efficiency, not just faster response regardless of cost.
Learning Objectives
- Understand the concept of a push versus pull system and the mechanisms of achieving a faster response to customer demands.
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