IGNOU BRL 115 2026 - JIT (Just-in-Time) and Lean Management.

Question

JIT (Just-in-Time) and Lean Management.

13 May 2026

Answer :

Word Count : 258

JIT (Just-in-Time) and Lean Management are important concepts in supply chain management and retail operations. Both approaches focus on reducing waste, improving efficiency, lowering inventory costs, and increasing customer satisfaction. In retail business, these systems help organizations maintain smooth product flow from suppliers to customers with minimum delay and maximum efficiency. JIT is an inventory management technique in which goods are ordered, produced, and delivered only when they are needed. Retailers maintain minimum stock levels

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