Just in case: Difference between revisions
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* [[Inventory management]] | * [[Inventory management]] | ||
* [[Just in time]] | * [[Just in time]] | ||
* [[Stock]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Manage_risks]] | [[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.
