JIT
Category: Inventory
Also searched as: Just in time
Definition (plain English)
Just-in-time replenishment aims to receive stock close to when it is needed rather than holding large safety stock.
Why it matters commercially
JIT lowers inventory carrying cost but increases exposure to supplier delays, freight disruption, customs holds, and demand spikes.
Example
A distributor moved away from strict JIT after port delays repeatedly created customer stockouts on imported ingredients.
Common mistake
Reducing stock buffers without improving forecast quality, supplier reliability, lead-time visibility, and exception plans.
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Supplier Quotes
Use tool →MOQ & Shelf Life
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