Asset Management and Financing
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What are the pros and cons of just-in-time (JIT) inventory system?
Can JIT inventory systems be used by healthcare providers?
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Asset management and financing
What are pros and cons of just-in-time (JIT) inventory system?
Just-in time Inventory (JIT) is an inventory control method whereby inventory is purchased only when it is required for sales and in case of manufacturing companies, raw materials inventory is purchased only when it is required for production.
Advantages of JIT:
1) By this method, the company saves on inventory storing and carrying ...
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- IATA, International Air Transport Association
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