OEM buyers have worked with suppliers of component parts and materials to eliminate costly inventories and frequent handling costs by establishing:

Question

Quizplus · Accepted Answer

JIT (Just-In-Time) relationships refer to partnerships between OEM (Original Equipment Manufacturer) buyers and suppliers that aim to reduce inventories and handling costs by producing and delivering parts and materials as needed. This involves a high level of communication and cooperation between the parties to ensure timely and efficient delivery of materials. Therefore, option E is the best choice as it directly addresses the issue mentioned in the question.

OEM Buyers Have Worked with Suppliers of Component Parts and Materials