Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA PM

JIT inventory management system

NNoah5y ago
Sir on of the key features(according to my study text) of JIT and TQM system of inventory is that "customised products produced in small batches". my doubt is that how is possible to be able to make JIT goods, when goods type, features etc. could differ from customer to customer?
John MoffatJohn MoffatTutor5y ago#1
Goods are manufactured when customers order them (rather than being manufactured and then held as inventory). The materials needed are ordered as needed (rather than ordered in advance and being held in inventory).
Sign in to reply to this topic.