The just-in-time (JIT) inventory system is a management strategy that aligns material orders from suppliers directly with production schedules. Companies employ this inventory strategy to increase efficiency and decrease waste by receiving goods only as they need them for the production process, which reduces inventory costs. This method requires producers to forecast demand accurately.
For low volume production Currie & Warner are able to manufacture JIT. If customers require large batch production, we have to start planning to manufacture product in advance of requirements. Goods are stored for future demand. When customers need product, smaller call off orders are received and we and dispatch consignments JIT by picking product from our stock.