Question

Distributing products to retailers on an as needed basis as described in the video is an example of a(n) _____ system.

Answer 1

Distributing products to retailers on an as needed basis as described in the video is an example of a(n) JIT or Just-In-Time system. 

JIT System is one of the many inventory strategies that companies use. It essentially increases the efficiency of the company to produce goods and it decreases wastage of goods because they only come when they are needed during the process of production. As this continuously happens, inventory costs decrease and the company becomes more productive and efficient