Just In Time (JIT) Ordering System is an inventory management method that prioritizes timely ordering and delivery of goods and services. By using JIT ordering, companies can reduce their inventory costs by ensuring they only have the necessary and desired amount of items on hand at any given time. This type of system allows organizations to maximize profits and productivity while also cutting down on cost due to wasted materials. Furthermore, JIT Ordering facilitates better communication between suppliers and customers through an efficient plan-and-provide approach. The result? Improved customer satisfaction, increased efficiency and cost savings for businesses of all types.