Solution 1:
A company should consider the following things;
1) Software that is required
2) Hardware, to do better processing
3) Networking should be done so that people can communicate
4) Maintaining the online access which includes security, performance and availability
5) Staff should know that how they can operate the system and how they can manage it
Solution 2:
Yes. Just-in-time approach is helpful to the product cost in any organization. This approach has
the philosophy which encourages zero tolerance for stock levels and placing orders exactly when
they are needed for manufacturing.
JIT approach is helpful in following ways;
1. Reducing the traditional maintenance cost of warehouse for raw material inventory,
work-in-process and finished goods
2. Store inventories can be for some other productive purposes
3. Production is directly synchronized with demand means, if there is no demand, no
production
4. Defect rates are reduced, resulting in less waste and greater customer satisfaction
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