Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Just-in-Time
- What are the benefits of just in time?
Just-in-Time - What are the benefits of just in time?
The JIT process adds value by increasing efficiency. The most important benefit of JIT is the elimination of raw material, inventory and product storage costs. Traditionally, raw materials and inventory of finished goods were considered assets.