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JIT II System of Inventory Control

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Please give a detailed description of JIT II system of Inventory Control.

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This posting gives a detailed description of the features of JIT II system of Inventory Control.

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JIT II, a concept pioneered by the Bose Corporation, has been implemented widely in US purchasing operations. In Sales, Purchasing & Material Planning applications, the customer planner, buyer & supplier salesman are replaced by an 'Inplant' supplier employee who is empowered to place customer purchase orders on his company. Supplier access and linkage to customer computers is also utilized He also performs concurrent engineering with customer engineering department from within the customer company. 'Vendor managed inventory' and 'automatic material replenishment' are features of JIT ...

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