Just-in-Time (JIT)

Just-in-Time (JIT) is an inventory management strategy that aligns raw material orders with production schedules.

The goal is to reduce inventory holding costs by receiving goods only when they are needed for production.

This system reduces waste and enhances efficiency but requires precise coordination with suppliers to avoid delays.

For example, a car manufacturer using JIT would order car parts just before they are needed on the production line, minimizing storage costs.

Relatico aids in coordinating with suppliers to ensure that JIT processes run smoothly and that materials are delivered exactly when needed.

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