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Logistics and SCM: Difference between revisions
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* '''[[w:Just in time (business)|Just in time]]''' ('''JIT''') is a production strategy that strives to improve a business [[w:return on investment|return on investment]] by reducing in-process [[w:inventory|inventory]] and associated [[w:carrying cost|carrying cost]]s. ( Wikipedia ) | * '''[[w:Just in time (business)|Just in time]]''' ('''JIT''') is a production strategy that strives to improve a business [[w:return on investment|return on investment]] by reducing in-process [[w:inventory|inventory]] and associated [[w:carrying cost|carrying cost]]s. ( Wikipedia ) | ||
== See also == | |||
* '''[[w:Supply chain management software|Supply chain management software]]''' | |||
* '''[[w:Supply chain optimization|Supply chain optimization]]''' is the application of processes and tools to ensure the optimal operation of a manufacturing and distribution [[w:supply chain|supply chain]]. ( Wikipedia ) | |||
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