Logistics: Just-in-Time or Just-in-Case Inventory?

Question

Just-in-Time vs. Just-in-Case Inventory: This compares maintaining minimal inventory and ordering supplies as needed (just-in-time) versus keeping a buffer stock to mitigate supply chain disruptions (just-in-case).

which will win in the long run?

Aamir Carroll · Accepted Answer

It's like ordering a pizza right before you need it; there are no extra ingredients hanging around . Just-in-Case is similar to storing up on frozen pizzas in case you unexpectedly become hungry.

Musa Dejesus · Answer

JIT focuses on having just what you need when you need it, so you avoid excess stock and save on storage costs.

Answer

Just-in-Case means having extra inventory to guard against surprises, which can be useful but may lead to higher storage costs.

Answer

JIT relies on a well-coordinated supply chain and is suited for environments where demand is steady. Just-in-Case is about playing it safe and having extra inventory on hand to avoid stockouts during  unexpected  changes.

Anbang Xu · Answer

Just-in-Time inventory can boost efficiency and reduce costs, but recent global disruptions have shown its vulnerabilities. A balanced approach, incorporating elements of both JIT and Just-in-Case, might be the wisest strategy for today's unpredictable business landscape.

Answer

T aims to minimize the amount of stock you hold, which can be great for cash flow. Just-in-Case involves keeping a buffer stock, which might be tie up capital but ensures  you're covered if something goes wrong

Valianto · Answer

Just in TiME

Answer

It's  is similar to a precise, well-timed clock,everything happens on time. Just-in-Case is similar to having a backup generator in case the power goes out, which provides piece of mind even if it is rarely used

Logistics: Just-in-Time or Just-in-Case Inventory?

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