Identify the reason that can be attributed to the fact that straight rebuys are common among organizations that practice just-in-time inventory.

Question

Quizplus · Accepted Answer

Straight rebuys are common among organizations that practice just-in-time inventory because it allows them to replenish their goods without having to hunt around for potential suppliers and solicit bids. Just-in-time inventory systems rely on having the right amount of inventory available at the right time, and straight rebuys simplify the process of replenishing inventory quickly and efficiently. By establishing long-term relationships with suppliers, these organizations can streamline their procurement processes and reduce the likelihood of stockouts or delays in delivery.

Identify the Reason That Can Be Attributed to the Fact