Just in case: Difference between revisions
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(JIC). Just-in-case stock management is a modified version of Just-in-time stock management. | (JIC). | ||
Just-in-case stock management is a modified version of Just-in-time stock management. | |||
Where Just-in-time would result in a zero or negligible stock holding level, a Just-in-case approach adds an appropriate additional safety holding, to protect against a supplier's potential (unexpected) inability to deliver stock as required. | Where Just-in-time would result in a zero or negligible stock holding level, a Just-in-case approach adds an appropriate additional safety holding, to protect against a supplier's potential (unexpected) inability to deliver stock as required. | ||
== See also == | == See also == | ||
* [[Inventory management]] | * [[Inventory management]] | ||
* [[Just in time]] | * [[Just in time]] | ||
* [[Stock]] | |||
[[Category:The_business_context]] | |||
[[Category:Manage_risks]] | |||
Latest revision as of 22:31, 5 March 2023
(JIC).
Just-in-case stock management is a modified version of Just-in-time stock management.
Where Just-in-time would result in a zero or negligible stock holding level, a Just-in-case approach adds an appropriate additional safety holding, to protect against a supplier's potential (unexpected) inability to deliver stock as required.
