To reduce inventory management costs,many companies use a system called ,which involves carrying only small inventories of parts or merchandise,often only enough for a few days of operation.
A)logistics management
B)value chain management
C)supply chain management
D)enterprise resource planning
E)just in time (JIT)

Question

Quizplus · Accepted Answer

Just in Time (JIT) is a system that reduces inventory costs by keeping minimal stock and receiving goods only as they are needed in the production process.

To Reduce Inventory Management Costs,many Companies Use a System Called