MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
16th Edition
ISBN: 9780135205518
Author: LAUDON
Publisher: PEARSON
Question
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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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