| INFORMATION |
| Published : |
Aug 06, 2007 |
| Length : |
8 |
| Type : |
White Paper |
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| Overview : |
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When companies adopted Just-In-Time (JIT) tactics, they did so primarily to reduce inventory costs. For the most part, this strategy worked. Reducing stocks of raw materials, parts, assemblies and finished goods reduces carrying costs, allowing companies to invest the freed-up funds in more productive assets and projects. |
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