annalovessyuhh3770 annalovessyuhh3770
  • 21-08-2019
  • Engineering
contestada

What is JIT and why would you advocate it to reduce inventory?

Respuesta :

shirleywashington shirleywashington
  • 28-08-2019

Explanation:

Just in time inventory is a system of managing inventory. It is a method to reduce waste, lower cost and increase profit. According to it the raw material orders are directly aligned with the production schedules. In simple words every component of a unit is arriving just in time to be used.

So JIT would be advocated to reduce inventory.

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