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Definition of Just-in-time Purchasing
Different uses
How it will help your company
Examples of Just-in-time Purchasing
Reduces the need for central warehousing and storage
More personal relationship with suppliers
Long-term relationships that help to certify suppliers
Receiving inspection is reduced and in some cases eliminated
Reduced number of suppliers
Stable and good communication throughout a firm
Locating suppliers nearby
Long-term relationships
Helping suppliers to increase quality
Not to get hung up by single sourcing
Buying from small firms
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