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Transparent conversations provide an avenue for issue resolution, continuous improvement, and dialogue around ways the vendor can support upcoming plans and initiatives. Confidence comes with repeated receipt of needed components at the right time, cost, and quality.
. • Using “Just In Time” inventory management allows you to become more efficient, and reduces your financial commitment in inventory since your suppliers will deliver the inventory just as you need it, saving you time, space and money. This reduces your financial commitment, while making your supplier responsible for inventory management.
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