How does just in time and point of sales system impact Amazon sales?
How does just in time and point of sales system impact Amazon sales?
Example for Toyota I found this info
Just in time(JIT)inventory systems reduce the inventory storage costs and hence reduce the overall expenses of the company. Toyota was the first to start the JIT inventory system and thereby reduce expenses and cash outflows.
The Point of sale machines provide the direct debit from the account of the purchaser thereby making cash obsolete. There is no requirement of cash as the transaction happen electronically.
Both these systems reduce cash and promote online or electronic payments.
I need the answer for Amazon Inc