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Benefit of JIT

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Another benefit of JIT is that it gives a firm the flexibility to customize products for customers as well as easily and quickly adapt to changes in trends and technology because they don't hold raw materials and components, but also because a firm tends to have good relationships with their suppliers.

Agree or disagree?

Please include references.

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Solution Summary

The solution discusses the benefit of JIT and the author agrees or disagrees with a given description.

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I do agree to this statement upto a certain degree because JIT indeed allows a firm to adapt to changing circumstances and customer demands because of the flexibility to order raw materials as needed by the company. Since the organization does not hold any inventory, it does not need to worry about finishing existing inventory before ordering a new ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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