How do Just-In-Time (JIT) opportunities help retailers?
A) Reduce waste and increase profits.
B) Reduce cost and increase profits.
C) Reduce waiting time and increase profits.
D) Reduce buying time and increase profits.

Question

Quizplus · Accepted Answer

Understand data ethics and the future of marketing analytics. Retailers such as Walmart and Golden Eagle have been using their data within a supply chain to create more Just-In-Time (JIT) opportunities. This allows them to reduce waste, in turn decreasing their costs and increasing their profits.

How Do Just-In-Time (JIT) Opportunities Help Retailers