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Just-in-Time (JIT): Definition, Example, and Pros & Cons

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A just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules.

What is Just-in-time (JIT) Inventory?

What is Just-in-time (JIT) Inventory?

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Just-in-Time (JIT): Definition, Example, and Pros & Cons