A just-in-time inventory system (JIT), is an inventory strategy where raw materials and supplies are ordered and received as they are needed.  (b) Discuss the risks associated with implementing a JIT system. Answer should be with proper elaborations and examples. This is not a writting assignment.Thank you

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter2: The Purchasing Process
Section: Chapter Questions
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A just-in-time inventory system (JIT), is an inventory strategy where raw materials
and supplies are ordered and received as they are needed. 

(b) Discuss the risks associated with implementing a JIT system.

Answer should be with proper elaborations and examples. This is not a writting assignment.Thank you

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