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It is based on bringing product exactly in line with market demand. JIT means making what the market wants, when it wants it.
Even more specifically, logistics management is crucial to companies endeavoring to employ just-in-time manufacturing practices. Efficient logistics management ensures that OEMs (original equipment manufacturers) will have the necessary parts delivered to a given company in a synchronized and timely fashion that enables the company to meet the supply demand for their product in less time than it would take them if they were manufacturing all the parts of their product themselves...
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