Companies use a Just-in-Time manufacturing and inventory management system to improve the efficiency of the company and reduce costs. The system requires manufacturers to purchase only when ...

Just In Time inventory (JIT) is an inventory management method that focuses on keeping as little inventory on hand as possible. Here's how it works.

Small business owners turn to just-in-time inventory to save money and reduce waste, while still providing their customers with the products they want and need. Just-in-time inventory systems let ...

Just in case (JIC) refers to an inventory strategy where companies keep large inventories on hand in case of a large and sudden increase in demand.