Just-in-time (JIT) inventory management is an inventory system designed to improve a business’s efficiency and profitability. With JIT, businesses have the opportunity to reduce their overall costs by only ordering materials when they’re actually necessary—eliminating excess inventory and storage costs. Additionally, JIT helps to minimize the risks associated with carrying too much stock by providing shorter response times. Companies are able to fill customer orders quickly while keeping costs down, creating a win-win situation for everyone involved. Ultimately, JIT inventory management allows businesses to be more efficient, flexible, and cost-effective in the long run.