INTERACTIVE VIDEO
OVERVIEW
Do you want to know more about the strategies businesses use to manage their stock? In this interactive video, we'll take a closer look at two different methods of stock management: Just in Case and Just in Time. Both methods have their advantages and disadvantages, but which one is better suited to a particular business?
We'll follow Simon and Jasmin, Procurement Managers from rival supermarkets, as they explain their approach to stock management. Simon believes in the Just in Case method, which involves holding large amounts of stock to ensure a business never runs out of inventory. Meanwhile, Jasmin favours the Just in Time method, which involves keeping minimal stock and receiving frequent deliveries to restock.
By the end of the video, you'll have a solid understanding of the benefits and drawbacks of each method, and you'll be better equipped to make an informed decision about which approach to adopt in your own business in the future. So get ready to learn about the world of stock management and find the best way to keep your business running smoothly!