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Home » Educational » What is Just-in-Time (JIT) Inventory Management?
Brought to you by NewGen, a customer-centric ERP consulting group with over 25-years of experience
Just-in-Time inventory, commonly referred to as JIT, is an inventory management strategy in which raw materials arrive as soon as production is scheduled to begin but no sooner. The goal is high-volume production with minimal inventory on hand to meet demand and eliminate waste.
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