JIT in Retail

Just-In-Time (JIT) in retail is.inventory management strategy aimed at reducing waste and improving efficiency by receiving products exactly when they are needed for sale. Instead of holding large stockpiles, retailers order smaller quantities that arrive frequently, aligning stock levels closely with customer demand. This approach minimizes storage costs, reduces the risk of overstock or obsolete items, and enables quick response to market trends. JIT requires careful planning and supplier coordination but helps retailers operate more smoothly, save money, and maintain a lean inventory, ultimately providing fresher products and better service to customers.