Just-in-time is a business model in which the suppliers manage the manufacturer's inventory based on pre-established service levels.

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Just-in-time (JIT) is a management strategy that aligns raw-material orders from suppliers directly with production schedules. It aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. This strategy does not typically involve suppliers managing the manufacturer's inventory.

Just-In-Time Is a Business Model in Which the Suppliers Manage