Just in Time and Just in Case

  • -2 votes

What is a simple definition for Just in Time and Just in Case?

What are the advantages and disadvantages of them??

Please helpp 

Posted Sat 9th February, 2013 @ 15:22 by Dolly James

3 Answers

  • 1 vote

Just In Time- is when there delivered when the stock is almost gone  Advantage saves up storage and doesn't keep crowded. disadvantage- your out of business until it arrives if you have no stock (if you know what i mean)

Just in Case- when items ordered and delivered frequently and always got in sstock- disadvantage- takes up alot of space and storage, Advantage- you's never run out :)

Answered Mon 11th February, 2013 @ 12:16 by Zara Parkin
  • 0 votes

omg thank youu sooo muchhh :) helped a lot

Answered Thu 14th February, 2013 @ 18:48 by Dolly James
  • 0 votes

Just in time: A production technique which is highly responsive to customer orders and holds very little stock holdings.
Advantages
Less stock holding costs
Space is released
Fewer and stronger links with suppliers
Cash flow is improved
Disadvantages
Hard to cope with fluctuations in demand
Bulk buying discounts are lost
Vulnerable to break in supply
High ordering and administration costs

Answered Tue 26th March, 2013 @ 03:04 by Haley Drew