AQA GCSE Business · 8132
Paper 1
A system in which materials and components arrive when needed for production, reducing the amount of stock held.
Revise: Efficiency in ProductionJust in time (JIT) is a lean technique in which materials and components arrive when they are needed for production, rather than being stored in large quantities beforehand. Purchasing and production must be coordinated so that the right supplies arrive in the right quantities at the right time.
- Revise: Managing Stock
A stock management approach in which materials and components arrive when needed for production, keeping stock levels very low.
- Revise: Choosing Suppliers
A stock-control method in which supplies arrive when needed for production or sale, so very little stock is held.