just-in-time methodology Archives

March 3, 2022

3 Minute Read

The amount of stock held by UK SME manufacturers has shot up since the start of the pandemic, according to new research. In what......

Topic: inventory management just in time inventory just-in-time methodology supply chain supply chain management UK united kingdom

February 20, 2019

3 Minute Read

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and stre......

Topic: inventory management JIT just in time inventory just-in-time just-in-time methodology supply chain

June 29, 2017

3 Minute Read

In inventory management, the Just-In-Time or JIT system reduces wastage, improves efficiency and productivity, and contributes t......

Topic: accurate inventory inventory methodology JIT just-in-time just-in-time methodology manufacturing production cost supplier relationship

April 12, 2017

3 Minute Read

Lean is a philosophy of delivering value from a customer’s point of view, eliminating waste and continuously and improving a f......

Topic: customer demand food manufacturing just-in-time methodology lean inventory practices stock forecasting

February 16, 2017

3 Minute Read

Just-in-time (JIT) is a production technique that was first pioneered by Toyota, to minimize the need for excess inventory throu......

Topic: JIT just in time inventory just-in-time methodology ROTA ratio

October 31, 2016

3 Minute Read

When a business holds excess inventory it ties up capital and incurs holding and carrying costs. Minimizing inventory waste shou......

Topic: inventory holding costs inventory practices JIT just-in-time methodology supply chain management