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Explain How Electronic Data Interchange (EDI) and Just-In-Time (JIT) Inventory

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Essay

Explain how electronic data interchange (EDI) and just-in-time (JIT) inventory management might be used in combination to improve physical distribution effectiveness and efficiency.


Definitions:

Job Search

describes the process individuals undertake to find a new job or employment opportunity.

Matching Workers

The process of aligning the skills and preferences of job-seekers with the needs and demands of employers.

Structural Unemployment

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.

Long Spells Of Unemployment

Extended periods in which an individual is actively seeking but unable to find employment.

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