Just in Time Logistics Services
Just in Time logistics: Definition and examples
Just-in-Time (JIT) is an organisational strategy in production and logistics. As the name implies, it means that material for production is delivered at the very moment and in the exact amount it is needed. In logistics, Just-in-Time means that a shipment arrives at the moment the recipient needs it. JIT has the goal to make the value creation process leaner and less costly because warehousing is obsolete and capital commitment is kept at a minimum.
Just-in-Time Logistics The JIT-strategy brings many advantages, but has its share of disadvantages as well. With Just-in-Time the whole flow of material along the supply chain must be exactly synchronized.
No stock keeping necessary, saving space and costs
No capital commitment
Ast reaction to changing markets is possible
Just-in-Time (JIT) is an organisational strategy in production and logistics. As the name implies, it means that material for production is delivered at the very moment and in the exact amount it is needed. In logistics, Just-in-Time means that a shipment arrives at the moment the recipient needs it. JIT has the goal to make the value creation process leaner and less costly because warehousing is obsolete and capital commitment is kept at a minimum.
Just-in-Time Logistics The JIT-strategy brings many advantages, but has its share of disadvantages as well. With Just-in-Time the whole flow of material along the supply chain must be exactly synchronized.
No stock keeping necessary, saving space and costs
No capital commitment
Ast reaction to changing markets is possible