What Is Just in Time Inventory? A Retailers Guide
What Is Just in Time Inventory? A Retailers Guide
Dec 26
Fast-food chains like McDonald’s and restaurant groups like Darden Restaurants have implemented JIT techniques to ensure that the right ingredients are available at the right time. The JIT management style was first introduced in the 1970s in Japan by the car manufacturer Toyota; occasionally, JIT management is referred to as the Toyota Production System (TPS) for this reason. While JIT has...
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