Letter to the Editor: 'Just in time' management bad for consumers
Letter to the Editor: ‘Just in time’ management bad for consumers Share This theory of inventory management posits that retailers, wholesalers and manufacturers carry only a minimum inventory, and this will maximize profitability. Otherwise you are tying up money that could be in your bank account drawing interest, invested in the market, or any number of other things that are revenue generating. Excessive inventory is not revenue generating, it’s a cost, not a profit. The theory holds that as the last jar of “Bob’s Peanut Butter” is going out the front door of the store, the firs...
Source: pressherald.com