just in time

How Does JIT Benefit Entrepreneurs?

For startups and small businesses, JIT can be a game-changer. Here are some key benefits:
Cost Reduction: By minimizing inventory levels, businesses can significantly reduce holding costs.
Improved Cash Flow: Lower inventory means less capital is tied up, improving cash flow.
Increased Flexibility: JIT allows businesses to be more agile and responsive to market changes.
Better Quality Control: With fewer items in inventory, it's easier to maintain high product quality.

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