Q1- JIT and Lean Production
For this discussion, address the following questions:
What are some advantages and disadvantages of JIT and lean production?
Why do you think many firms are experiencing an increase in JIT and lean production?
Are there organizational issues that enter the decision to lower inventory level?
How do you feel about the stakeholders whose interests are damaged by maintaining lower inventories?
Q2- Enterprise Resource Management (ERP)
For this discussion, respond to the following questions:
If a firm is using sales and operations planning (S&OP) to coordinate marketing and operations, does it need master planning such as ERP or ERP2?
How are S&OP and master planning similar?
How do S&OP and master planning differ?
What are the advantages of other computer software operations and supply chain management software such as MRP, MRP2, and DRP?