Just-In-Time (JIT) Inventory Management is a business strategy that aims to reduce the time between ordering and receiving inventory, as well as the amount of inventory being stored in a warehouse or other storage facility. By streamlining the entire process, this system helps ensure that inventory is available when needed – no more holding onto excess stock just in case, and no more costly last-minute rushes to place an order. By relying on JIT inventory management, businesses can save both time and money while ensuring they have what they need to keep going.