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Just In Time Inventory Control System

oboloo Glossary

Just In Time Inventory Control System

Just-in-time (JIT) inventory control is an efficient management system used to reduce the amount of inventory that a business needs to keep on hand. This system works by ensuring that materials are delivered to production areas in precise amounts and at precise times, eliminating wasted storage space and excessive stockpiles. JIT inventory control helps businesses save money by keeping them from accruing the costs associated with storing and managing unnecessary or outdated stock. By providing just the right amount of product when it’s needed most, JIT inventory control helps maximize efficiency and minimize waste, ultimately boosting profitability.

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