Just-in-Time (JIT) | Shipping Term Explained | Logistics Glossary

Back to Glossary

GLOSSARY

Just-in-time

Just-in-time (JIT) is an inventory management strategy that consists in aligning the supply of goods and raw materials with the production schedule.

SHIP NOW

Book your delivery

Check the price

What are the advantages of Just-in-time?

Just-in-time is a stock and inventory management method to reduce inventory, storage and handling costs at the minimum. Companies use this method to receive goods as they need them.
Advantages of JIT:

  • reduced warehouse costs;
  • reduced obsolete inventory;
  • increased inventory turnover ratios;
  • shorter production runs.

Disadvantages of JIT:

  • supply chain disruptions can block production;
  • unexpected price changes can increase costs;
  • higher dependency on local sourcing and supplier costs.

ARE YOU A BUSINESS?

Digitalise your logistics processes

Join our platform to get immediate access to discounted shipping prices and assistance from our dedicated logistics experts during any step of the booking process, before or during transit.
Set up a business account

From
Type to search
To
Type to search
Service
Select a service
Ordering as
Consumer
Business
Based on 42,754 reviews