JIC

JIC, or Just-In-Case inventory, is a strategy where companies keep extra stock of products or materials on hand to prepare for unexpected needs or disruptions. This approach ensures that, even if demand suddenly increases or supply chains are interrupted, the company can continue to operate smoothly without delays. While maintaining extra inventory can increase costs, it provides a safety net that helps prevent shortages and maintains customer satisfaction. JIC contrasts with Just-In-Time (JIT), which aims to minimize inventory to reduce costs but may risk stockouts during unforeseen events.