The Role of Just In Time Inventory in Business

[Suba]

Just in time inventory is a term in production management, which refers to the priority of fulfilling client order needs on time and will reduce the cost of storing inventory in the warehouse. So business people must be able to provide sufficient raw material supplies so that orders can be fulfilled immediately. So what do you think are the advantages of just in time inventory?

 

[Starmix]

It's time saving and all the time ready in case, there are sudden orders. Doing it never loses a face to future clients or old clients. Those raw marshals will also appreciate.

 

[King Belieal]

One thing about Just In Time inventory is that it would save the cost of holding inventory as there might be no need for a warehouse.