Characteristics of just-in-time partnerships do not include A) removal of in-transit inventory B) large lot sizes to save on setup costs and to gain quantity discounts C) long-term contracts D) few suppliers E) buyer helps supplier to meet the quality requirements

Question

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Just-in-time partnerships typically involve smaller lot sizes to reduce inventory carrying costs and enable more frequent deliveries. Long-term contracts (C) and the buyer helping supplier to meet quality requirements (E) are common characteristics of JIT partnerships. The removal of in-transit inventory (A) is also a key feature of JIT as it allows for a more efficient and responsive supply chain. Having few suppliers (D) is not necessarily a characteristic of JIT partnerships as long as they are reliable and able to meet the requirements of the buyer. However, large lot sizes (B) are not consistent with JIT principles as they can lead to excess inventory and waste.

Characteristics of Just-In-Time Partnerships Do not Include