Just-In-Time Manufacturing is an inventory management strategy aimed at increasing efficiency and reducing waste by receiving goods only as they are needed in the production process, thereby minimizing inventory costs. This approach relies heavily on precise coordination and communication between suppliers and manufacturers to ensure timely delivery of materials.

Just-In-Time Manufacturing

inventory management strategy

increasing efficiency

reducing waste

receiving goods

The production process is a series of interrelated steps that transform raw materials into finished goods or services, optimizing resources to meet consumer demand efficiently. It involves planning, execution, and control to ensure quality, cost-effectiveness, and timely delivery of products.

production process

minimizing inventory costs

precise coordination

communication between suppliers and manufacturers

timely delivery of materials

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