In today’s fast-paced environment, businesses continuously strive to improve their processes in order to maximize productivity and customer satisfaction. Depending on the type of business, there are many areas that can benefit from leaner systems and quicker turnarounds.
For manufacturing businesses, efficient inventory management is essential and just-in-time inventory management has been increasingly adopted over the past years. This system ensures that production is closely tied to demand, synchronizing the production of goods with orders.
Adopting a just-in-time (JIT) inventory system has numerous advantages for a business, so read on to find out the key benefits.
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