Just In Time (JIT) Management & Delivery
JIT delivery involves ordering and receiving inventory for production or sales only as needed, reducing warehousing costs because inventory is constantly on the move. This process significantly improves efficiency in manufacturing, while presenting numerous cost-saving opportunities.
Benefits of JIT delivery include:
- Prevents waste and improves production efficiency.
- Inventory is created on an as-needed basis and helps companies lower their inventory carrying costs, increase efficiency and decrease waste.
- Allows manufacturers to keep production runs short, and move on to new products quickly and easily if needed.
- Reduce raw materials expenditure for production. Order exactly what is needed. Free up cash flow for other opportunities.