Business – 4.2 Inventory management – Just in Time (JIT) | e-Consult
4.2 Inventory management – Just in Time (JIT) (1 questions)
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| Aspect | JIT | JIC |
| Purpose of inventory | Only enough to meet immediate production needs. | Safety stock held to protect against demand spikes or supply disruptions. |
| Typical inventory level | Very low. | Higher, often calculated as a buffer. |
| Risk focus | Risk of stock‑outs if supply chain is disrupted. | Risk of excess stock, obsolescence and higher carrying costs. |
| Supplier relationship | Close, collaborative, often with frequent small deliveries. | More transactional; larger, less frequent deliveries. |