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What is Just In Time (JIT)?
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• Just in time is an inventory management technique in which the manufacturing process occurs exactly when required.
• If applied adequately, the JIT approach extends a competitive advantage to the organisation.
• Two main components of JIT are continuous improvement and waste elimination.
#whatisjustintime #jit #importanceofjit #drawbacksofjit #kalkinemedia
To know more about elements , importance & drawbacks of JIT watch this full video.
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• If applied adequately, the JIT approach extends a competitive advantage to the organisation.
• Two main components of JIT are continuous improvement and waste elimination.
#whatisjustintime #jit #importanceofjit #drawbacksofjit #kalkinemedia
To know more about elements , importance & drawbacks of JIT watch this full video.
Follow us and stay updated on the Go with the Market Charter 👇👇