JIT
- Just-in-Time: an inventory control method where warehousing is minimal or non-existent, and goods must arrive exactly when needed, neither too soon nor too late
- The car manufacturing factory uses a JIT system to ensure parts arrive when needed.
- The JIT approach was effective in reducing warehousing costs for the electronics retailer.
- The restaurant uses a JIT delivery system to ensure fresh ingredients are always available, without the need for extensive storage.
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