Get the best answers to your questions with the help of IDNLearn.com's experts. Discover trustworthy solutions to your questions quickly and accurately with help from our dedicated community of experts.
Sagot :
Final answer:
JIT production is a system where raw materials are bought only when needed, reducing inventory costs and enhancing efficiency.
Explanation:
JIT production stands for Just-In-Time production, a system in which companies purchase raw materials only when needed. This practice helps reduce the need for large inventories and minimizes costs associated with inventory management.
By implementing JIT production, companies aim to streamline their operations, improve efficiency, and enhance the overall quality of their products by receiving materials exactly when they are necessary for production.
For firms looking to optimize their supply chain management and prioritize quality control processes, adopting a JIT system can lead to increased productivity and cost savings.
Learn more about JIT production here:
https://brainly.com/question/41834123
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.