Adopting JIT in a company



Adopting JIT in a company

Just-in-time

Just-in-time model is a manufacturing process strategy based on reducing the inventory level of in-process manufacturing. It is mostly applied in manufacturing industry that helps in providing guideline to the production management about when to produce when needed and the quantity of the inventory that must be produced to meet demand. JIT is a method of supply is to be delivered materials or products at the exact moment the need for direct use.

The concept of warehousing and storage of inventory has been outdated. But many firms do manage their inventory by applying ...