In hardware businesses, managing inventory is a critical yet challenging task. With a wide range of products such as tools, ...
James May visits the BMW Mini factory in Cowley, Oxford to investigate how the 'just-in-time' method of stock control is used in car production. Over 6,000 components go into making each Mini.
JIT stock control can have disadvantages. For example, there may be times when a business runs out of stock because of late deliveries. Businesses have to decide whether the advantages of JIT ...