This document discusses Bose Corporation's approach to implementing Just-in-Time inventory system version II (JIT II) with their vendors. It addresses how to get vendors interested in the new approach, how to deal with issues of confidentiality if vendors agree, how long the JIT II relationship should last, and how to select suppliers and implement the approach. The key points are: getting vendors interested through explaining benefits, maintaining confidentiality over time, establishing perpetual relationships to enhance flexibility and profits, and selecting top suppliers based on criteria before choosing one representative to be on-site.

1. BOSE CORPORATION
By
M.P.Vijaya Prabhu [10BM60097]
Sathiswaran [10BM60079]
Somaskndan [10BM60087]
Sathyaseelan [10BM60080]

2. Vendors will be interested or not
• First , the vendors will not be interested.
• We need to make them aware about the new
approach of BOSE (JIT II) .
• The benefits of JIT from both the perspectives
should be explained
• Long term benefits of the approach is to be
highlighted
• CBA should be done to make them interested in
this approach ( Placing one Rep instead of 3)
• Confidentiality of information

3. If Vendors agreed, how to deal
with other issues
• Treating Vendors
• Initially a restricted access to be given
• Confidential information about competitors will not be
shared and so as other sensitive information.
• Access to necessary documents is ensured
• Over a period of time , the restriction will be minimized
to reach the full potential of JIT II approach
• Competitors
• Competitors should be made sure that confidentiality of
critical information will be maintained
• Number of suppliers will be drastically reduced in the
future

4. How long this approach should last
• This should be a perpetual relationship
between the Manufacturer and the supplier
• This enhances the relationship with the
supplier ,results in enhanced
• Flexibility
• Profits
• Innovative capability
• Better products to get competitive edge
in the market

5. How to go about JIT II approach
• Maintaining Fair prices
• There should be a constant check in the
market about the price.
• Innovation from the supplier side should be
given due weightage
• Flexibility and quality of the product should
be included while comparing the price.
• Criteria for JIT II approach
• Suppliers are selected based on the check list
containing all the necessary conditions .
• Then, Top 3 suppliers are selected

6. How to go about JIT II approach (contd)
• After due consideration about the product
quality and quantity they produce one
vendor is chosen
• A representative from the vendor should be
seated in the manufacturing facility to
ensure JIT II approach is maintained.

7. • Thanks you !!!