What is Just-in-Time (JIT) Inventory Management?

Details
Title | What is Just-in-Time (JIT) Inventory Management? |
Author | NetSuite |
Duration | 1:07 |
File Format | MP3 / MP4 |
Original URL | https://youtube.com/watch?v=zCTmN17ZDek |
Description
Read the Just-in-Time Inventory 2023 Guide: https://social.ora.cl/6001wKovV
Just-in-Time inventory, commonly referred to as JIT, is an inventory management strategy in which raw materials arrive as soon as production is scheduled to begin but no sooner. The goal is high-volume production with minimal inventory on hand to meet demand and eliminate waste.
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