Motorcycle Components (MC)

MC is a large public limited company that produces a range of components used by motorcycle manufacturers. The motorcycle component industry is very competitive and MC's customers expect high quality and a short lead time. MC operates a Just in Time (JIT) inventory control system. MC's good relationships with its suppliers ensure that JIT operates efficiently. The production workers at MC are highly skilled and the business benefits from a low labour turnover.

Analyse two benefits to MC of Just in Time (JIT) inventory control.