JIT (Just In Time) Logistics

Just-In-Time (JIT) Logistics is a management approach where companies coordinate the delivery of materials and products exactly when they are needed in the production process, minimizing inventory storage. This method reduces waste, lowers storage costs, and improves efficiency by ensuring that only the required items arrive at the right time. It relies on precise planning and reliable suppliers to keep production smooth without excess stock, promoting lean operations and quicker response to market demands. Essentially, JIT logistics keeps inventory low and operations streamlined by syncing supply closely with production schedules.