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3 years ago

8

What is JIT and why would you advocate it to reduce inventory?

1 answer:

bazaltina [42]3 years ago

7 0

Explanation:

Just in time inventory is a system of managing inventory. It is a method to reduce waste, lower cost and increase profit. According to it the raw material orders are directly aligned with the production schedules. In simple words every component of a unit is arriving just in time to be used.

So JIT would be advocated to reduce inventory.

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hope this helps have a great day

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