When it comes to complex tasks under dynamic conditions, the buzzwords are automation and artificial intelligence (AI). Logistics involves many ...
← Logistics Dictionary
Just In Time (JIT)
What is Just in Time in logistics?
Just in Time is an inventory management method used for reducing time within the production unit. In addition, JIT helps to increase efficiency and reduce waste by ordering materials only when needed.
Ultimately, JIT reduces inventory costs, and it ensures that the expectations of customers are met on time. The companies using the JIT methodology relies on accurate forecast of demand to process customer order adequately.
You may also be interested in these articles
DHL Freight leads in EV logistics
DHL Freight launches Centers of Excellence for electric vehicles in Germany. As of June, four electric vehicle Centers of Excellence ...
DHL Global Forwarding, Freight and Satair Reduce Emissions with Electric Trucks
DHL Global Forwarding, Freight (DGFF) employs two battery-electric trucks for transporting goods to and between Satair’s Hamburg warehouses. This results ...