Question: What does the term 'Just - in - Time' ( JIT ) signify in Supply Chain Management? A . Delivering products just before the deadline

What does the term 'Just-in-Time' (JIT) signify in Supply Chain Management?
A. Delivering products just before the deadline
B. Producing goods as they are needed, reducing inventory costs
C. Extending the time for product delivery
D. Increasing the time for manufacturing products

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!