Management Information Systems: Managing the Digital Firm (15th Edition)
15th Edition
ISBN: 9780134639710
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Question
Chapter 9, Problem 9HMP
Program Plan Intro
Just-In-Time (JIT) replenishment:
- JIT is one of the inventory strategies.
- It helps the organization to increase efficiency and decrease waste as well as to reduce response time of dealers and customers.
- The main advantage of JIT is cost effective.
- JIT method requires manufacturers to predict demand accurately.
Point-Of-Sale (POS):
- POS is nothing but the time and place where a trade transaction is completed.
- Here, the merchant calculates the amount owned by the customer by using devices like barcode scanners, cash registers, and so on.
- Now-a-days, businesses are adopting POS systems.
Explanation of Solution
Supply chain management applications that help Office Depot:
The below two supply chain management applications helps Office Depot:
- Demand planning:
- It determines the amount of product that is required in order to satisfy the customers’ requirements...
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Management Information Systems: Managing the Digital Firm (15th Edition)
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