Warehouse & 3PL Glossary

Just-in-Time (JIT) Inventory

Also known as: JIT

Just-in-time (JIT) inventory is a strategy where materials and stock arrive only as they're needed for production or sale. It minimizes holding costs and waste but depends on reliable suppliers and tight coordination.

In the warehouse: Teamship's WMS puts Just-in-Time (JIT) Inventory to work as part of Inventory Management.

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Related terms

Always Better Control (ABC) InventoryAnnual Holding CostBonded WarehouseEconomic Order Quantity (EOQ)First In, First Out (FIFO)Inventory Stock Turnover
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