Just In Time inventory systems aim to lower inventory costs by purchasing smaller quantities of materials as they are needed, rather than stocking, managing, and insuring a large volume of unneeded parts.
Just In Time Inventory
Just In Time (JIT) is an inventory strategy implemented to improve return on investment by reducing in-process inventory and its associated costs. The JIT process is driven by a series of inventory replenishment signals. Through our program, these signals can be triggered by computerized restock levels or the presence and absence of parts on a shelf. When implemented correctly with a solid partner such as Allied Fasteners, JIT can lead to dramatic improvements in ROI, quality, and efficiency.