Advantages of just-in time inventory management are all of the following, except:
A) It decreases the space needed for inventory storage
B) It makes the firm more independent of external suppliers
C) It minimises inventory insurance costs
D) It increases manufacturing flexibility

Question

Quizplus · Accepted Answer

Just-in-time inventory management relies heavily on external suppliers and requires a strong relationship with them. Therefore, it does not make the firm more independent of external suppliers. Instead, it strengthens the partnership between them. The other options are advantages of just-in-time inventory management.

Advantages of Just-In Time Inventory Management Are All of the Following