The goal of just-in-time inventory systems is to ___________________________.

Question

Quizplus · Accepted Answer

Just-in-time inventory systems aim to provide the right part at the right place at the right time. This helps to minimize inventory costs and reduce waste by only ordering and producing what is needed, when it is needed. While improving quality may be a result of implementing a just-in-time inventory system, it is not the main goal. Lowering the cost of raw materials and eliminating multiple vendors may be potential benefits, but also not the main goal.

The Goal of Just-In-Time Inventory Systems Is to ___________________________