Objectives of a JIT inventory system Just in time inventory system entails ordering inventory on as needed basis.

  • Increase productivity
  • Eliminate waste that is minimize the amount of equipment, materials, parts space and workers time, which adds great value to the product
  • To reduce the reorder period.
  • To minimize stock holding costs.
  • To improve the quality of the products.
  • To reduce the production costs.
  • Maintain good relationship between the supplier and the firm.
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