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Just In Time Inventory

oboloo Glossary

Just In Time Inventory

Just in Time inventory (JIT) is an inventory system that reduces the amount of stock you need to keep on hand by delivering items in exact quantities, when they are needed. At its core, JIT inventory minimizes costs associated with holding excess stock and helps ensure businesses always have what they need without overstocking. All orders are placed and filled quickly and precisely, meaning you can focus on running your business instead of spending time managing stock levels. By updating your operations to a JIT system, you can take advantage of reduced capital expenses and improved cash flow through increased efficiency.

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