An important technological development that enabled many firms to use JIT was:
A) EOQ
B) ESI
C) MRO
D) SRM
E) EDI

Question

Quizplus · Accepted Answer

EDI (Electronic Data Interchange) is a technology that enables the exchange of information between businesses electronically. JIT relies heavily on timely and accurate information exchange between suppliers and manufacturers, which is facilitated by EDI. This technology allows for real-time tracking of inventory levels, production schedules, and delivery times, which is essential for implementing a JIT system. Therefore, EDI was an important technological development that made it possible for many firms to use JIT effectively.

An Important Technological Development That Enabled Many Firms to Use