Solution-How does just-in-time inventory control help

How does just-in-time inventory control help organizations

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Reference no: EM13919600

The case study question was:

How does just-in-time (JIT) inventory control help organizations become more lean?

In 300 words, this solution addresses how JIT is a strategy to ensure inventory does not create unwanted costs. With a tangible product, too much inventory may result in the risk of spoiling (such as with food products) or becoming obsolete quickly (as with electronics). In the same manner, employees can be considered inventory. Having too many people working without enough tasks to keep them all busy is also a waste of money.

Reference no: EM13919600

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How does just-in-time inventory control help organizations

Reference no: EM13919600

Reference no: EM13919600

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