Question: Why is Just-in-Time (JIT) Logistics critical when managing high-cost items and/or durable items (like bodily fluids, drugs that expire, medical devices)? What is JIT logistics'

Why is "Just-in-Time (JIT) Logistics" critical when managing high-cost items and/or durable items (like bodily fluids, drugs that expire, medical devices)?

What is JIT logistics' relationship (from a fiscal perspective) with contracting and negotiations and how is that impactful to any organization (like bulk buying, price allocations, services rendered, who's responsible for mishaps)?

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