Just-In-Time was developed in post-World War II Japan as a production model that reduces inventory costs while meeting customer demands in real-time. Accurate demand forecasting is vital to this method of manufacturing and delivery.JIT relies on local sourcing, which may be more expensive. Furthermo...Read more

#CostEfficiency #EnvironmentalBenefits #Flexibility #IncreasedCashFlow #InventoryReduction #MarketAdaptability #QualityImprovement #ResourceOptimization #SimplerLogistics #SupplierRelationships