At IDNLearn.com, find answers to your most pressing questions from experts and enthusiasts alike. Our experts provide timely and accurate responses to help you navigate any topic or issue with confidence.
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 being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com is committed to providing accurate answers. Thanks for stopping by, and see you next time for more solutions.