
Just-In-Time (JIT) Logistics
Just-In-Time (JIT) Logistics is a management approach aimed at reducing inventory costs by receiving goods only as needed for production or sales. Instead of storing large amounts of stock, companies coordinate closely with suppliers to deliver materials and products precisely when they are required. This minimizes storage costs, reduces waste, and improves efficiency. However, it also requires precise planning and reliable supply chains, as delays can disrupt production. Overall, JIT helps businesses operate more leanly and respond quickly to market demands.