What Are the Five Reasons Given by Suppliers for Their

question 14

Essay

What are the five reasons given by suppliers for their reluctance to enter into JIT systems?
Elaborate on one of these, of your choosing.

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Definitions:

Cash-Only Transactions

Financial exchanges where payment is made using paper money or coins, without the involvement of digital or credit mechanisms.

Patents

Legal documents granting inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission.

Proprietary Parts

Custom-made components for products or machines that are designed to be replaceable only with specific parts made by the same manufacturer, often to maintain control over repairs and replacements.

Trade Secrets

Legal and business concept protecting confidential business information which provides a competitive edge.