Assume that you have decided that
there are significant weaknesses in the physical controls over...

Question

Assume that you have decided that
there are significant weaknesses in the physical controls over inventory that
would be reduced with a new AIS that supports JIT inventories. Write a
memorandum to the CFO describing how this might affect the inventory
observation.Please do not make this more than one-page in length. 
Remember: Your response will be
graded for both technical relevance and writing skills. For writing skills you
should demonstrate an ability to develop your ideas, organize them and express
them clearly.Your memo should be
no more than one page in length.
To:Chief Financial Officer
From: You
Re:New AIS System
and Inventory Controls

Robert · Accepted Answer

MEMO 
To: Chief Financial Officer 
Date: 20
th
 March, 2013. 
Subject: New AIS System and Inventory Controls  
I appreciate the decision of management to select me for writing this memo. I am writing 
this memo to make the management aware of the advantages of installing JIT inventory system 
in new AIS (accounting information system) being installed in the company. The term just-in-
time was initially associated with Mr. TaiichiOhno and the Toyota Production System and is a 
philosophy or mindset encompassing continuous problem solving to eliminate waste.

Assume that you have decided that there are significant weaknesses in the physical controls over inventory that would be reduced with a new AIS that supports JIT inventories. Write a memorandum to the...

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