Just-in-time systems allow manufacturers to save money on storing, insuring, and financing inventories, by maintaining lower levels of inventory.

Name: Just-in-time systems allow manufacturers to save money on storing, insuring, and financing inventories, by maintaining lower levels of inventory.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Just-in-time systems aim to reduce the amount of inventory that needs to be stored by providing materials and resources just in time for production, which can save companies money on inventory costs.

Just-In-Time Systems Allow Manufacturers to Save Money on Storing, Insuring