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Just - Just-in-Time Inventory Methods justintime(JIT...

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Just-in-Time Inventory Methods Many companies have significantly lowered inventory levels and costs using  just-in-time (JIT)   inventory  methods. Under a just-in-time method, goods are manufactured or purchased just in time  for use. As noted in the  Feature Story Dell  is famous for having developed a system for making  computers in response to individual customer requests. Even though each computer is custom-made  to meet each customer's particular specifications, it takes Dell less than 48 hours to assemble the  computer and put it on a truck. By integrating its information systems with those of its suppliers, Dell  reduced its inventories to nearly zero. This is a huge advantage in an industry where products become  obsolete nearly overnight.  Ethics Note Does just-in-time inventory justify “just-in-time” employees obtained through temporary employment services? Quality
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