north face cyber monday deals 2013 After researching inventory management more extensively, I recently found an article that was based on a Q session with senior director, Meeta Kratz, at Grainger, a professional supply company. Meeta says that she has noticed that more and more manufacturers are switching to "just in time" inventory to lessen extra expenses related to holding excess inventory. She states that this is an important shift because organizations are now learning that switching to "just in time" inventory is permitting them to be more efficient using inventory management systems and taking excess costs out completely out improving their profit.As i understand the approach that "just in time" inventory helps to reduce costs associated with left overs if a company were to have good data for making good forecasts this problem would exist.
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