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JIT Inventory Control

oboloo Glossary

JIT Inventory Control

Just-in-Time (JIT) inventory control is a business process that seeks to maximize efficiency by controlling the purchasing and use of resources such as raw materials, components and finished products. The main objectives of JIT inventory control are to reduce costs, minimize stock levels and improve customer service. JIT inventory control relies on continuous communication and collaboration between suppliers, production teams and customers in order to ensure that orders are fulfilled quickly and accurately. By understanding demand patterns and anticipating future trends, businesses can execute effective JIT inventory control and gain a competitive advantage.

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