Just-In-Time (JIT) Supply Chain is a business model that is based on the concept of delivering goods or services at the exact time they are needed, with no delays or waste. It is a system of managing inventory and production processes in order to reduce costs and improve efficiency. JIT Supply Chain requires close collaboration between suppliers, manufacturers, and customers in order to ensure that goods and services are delivered in a timely manner. This system eliminates the need for large amounts of inventory and reduces the risk of overstocking or understocking. It also reduces the cost of production and improves the quality of products. By utilizing the JIT Supply Chain model, businesses can save money, reduce waste, and increase customer satisfaction.
