What is needed to effectively run Just In Time inventory?

[Min George]

Just In Time inventory method allows an organization to only hold inventory when it has received an order that involves such production with such inputs. That means the business organization doesn't need to stock the raw material.

What is needed to effectively run Just In Time inventory by a business?

 

[King Belieal]

You just need an effective supply chain to be able to get Just In Time inventory working well. Unless it would be chaotic.

 

[kit_hung]

Bro. JIT is like playing with fire. You should have a tight local system. You need reliable suppliers, who are not late even for a second. Also, demand forecast must be sharp. Don't just guess, play with real data.

Also in biz, processes must be lean and your staff must have ninja speed. Tech also helps. real-time tracking and automation are game changers. If you keep these things right, JIT makes you save money, space, and stress. But if you play without a plan, you can get a stock blackout. Play smart.