| dc.contributor.author | singh, Ritesh | |
| dc.contributor.author | khan, Dr. Aijaz ahmed - SUPERVISION | |
| dc.date.accessioned | 2022-10-31T11:12:44Z | |
| dc.date.available | 2022-10-31T11:12:44Z | |
| dc.date.issued | 2022-06-06 | |
| dc.identifier.citation | INVENTORY ON RETAIL | en_US |
| dc.identifier.uri | http://10.10.11.6/handle/1/10376 | |
| dc.description | The just in time (JIT) patterns, like the Supply Chain Management (SCM), one directly connected to
the other, are pointed by some authors as a helping method to competitive advantage (POZO, 2010;
BOWERSOX E CLOSS, 2001b), capable of help the MSEs in search of competitiveness with their
rivals. This is because the market demands on companies bigger competitiveness requiring that they are
even more prepared to compete in their activity area. In this research, the working sector is concentrated
in micro and small enterprises (MSEs), in particular the markets on Santos, city on state of São Paulo’s
coast.
The chosen subject are relevant to this article because JIT is a philosophy very popular on production
area, but still not really used on retail. Besides, the study of micro and small markets is a choice
considering that the academical contribution will be of great help since micro and small enterprises
represents 99% of organizations in Brazil. This means that a great part of population is involved directly
and indirectly with these small businesses, as employee, supplier or consumer (SEBRAE, 2012). Add that
to the fact that these micro and small markets are part of great chains when compared with communication and exchange power with great suppliers; however, they act strongly inside the communities. | en_US |
| dc.description.abstract | Just-in-Time (JIT) is an inventory management approach of having the exact
amount of inventory goods arriving at the exact time when needed. This paper
investigates the impact of this approach on South African Inventory Management
systems and the organization as a whole, by comparing two companies producing
same products (bed mattress), with different suppliers, and with different
inventory management system. Company X has not implemented the Just-in-time
approach, while, Company Y has implemented the JIT approach. This paper will
provide insight knowledge on the benefits and challenges of this approach, how it
can be implemented to improve the performance of a company. Mixed-methods
research design has been utilized as a part of this investigation, and descriptive
statistics were used to summarize the data collection. From the study conducted it
may be concluded that not implementing the JIT system is the causes of lower
performance rates, compared to the performance of the company that has. The
JIT approach has methods or guidelines on how the company can improve its
inventory management system and improve the performance of the company. It is
then recommended that organizations in the manufacturing industry implement
the Just-In-Time method in their inventory management systems. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | GALGOTIAS UNIVERSITY | en_US |
| dc.subject | INVENTORY ON RETAIL | en_US |
| dc.title | IMPACT OF JUST IN TIME INVENTORY ON RETAIL | en_US |
| dc.type | Article | en_US |
