What are the benefits and challenges of adopting a just-in-time (JIT) inventory system?
Locada Changed status to publish January 14, 2025
The benefits of a just-in-time (JIT) inventory system include reduced inventory holding costs, improved cash flow, and minimized waste. However, challenges include the risk of stockouts, dependency on reliable suppliers, and vulnerability to supply chain disruptions.
Locada Changed status to publish March 7, 2025