The goal of just-in-time (JIT) inventory management is to reduce inventory levels by acquiring goods only when required for production or to satisfy customer orders. This strategy improves cash flow, lowers waste and carrying costs, and promotes effective operations. But because JIT systems need precise demand forecasting, tight supplier coordination, and short lead times, they are extremely vulnerable to supply chain interruptions. JIT has gained popularity thanks to businesses like Toyota and is widely used in lean manufacturing.
