Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 16, Problem 10P
Summary Introduction

To understand: The concept of collaborative purchasing strategy with suppliers in the context of Lean Operations.

Concept introduction

It will be interesting to understand the impact on the cost of managing inventory, when the order size and the ordering costs are reduced substantially, when the buyer and supplier co-ordinate their activities.

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