What Are The Advantages And Disadvantages Of JIT?
What Are The Advantages And Disadvantages Of JIT? Pros Cons Improved Efficiency Unexpected Price Changes Higher Inventory Turnover Ratios Challenges Brought By Sudden Change Minimal Inventory Obsolescence Order Issues Smaller Delivery Quantities Local Sourcing Costs What are the advantages of JIT? More cost efficient production. Continuous quality improvement. Waste Elimination. Improve productivity. Improve supplier relationships.