Just-In-Time (JIT)

Just-in-Time (JIT) is an organisational strategy that minimises inventory and reduces costs by delivering materials and shipments precisely when they are needed. It eliminates excess inventory in manufacturing and synchronises transportation schedules in logistics. JIT aims to create a lean value chain that improves operational efficiency while minimising inventory and capital commitment. Successful implementation requires coordination, accurate forecasting and strong supplier relationships. JIT offers benefits such as cost savings, but requires risk assessment and contingency planning. Overall, JIT streamlines operations, meets market demands and improves customer satisfaction.

Just-In-Time (JIT)

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Just-In-Time (JIT)