Businesses Question Old Inventory Strategies Amid Shortages, Delays

Businesses Question Old Inventory Strategies Amid Shortages, Delays
The toilet paper and paper towel aisle at Ralphs in Menifee, Calif., on March 15, 2020. Brad Jones/The Epoch Times
Rachel Hartman
Updated:

Continuing disruptions in America’s supply chains have prompted businesses to review and modify their inventory management systems.

Just-in-time (JIT) inventory management, which calls for inventory to be delivered just as it’s needed, has long been the standard. However, just-in-case (JIC), a system that focuses on keeping extra inventory on hand, has recently gained attention.

Rachel Hartman
Rachel Hartman
Business Reporter
Rachel Hartman is a freelance writer with a background in business and finance. Her work has appeared in national and international publications for more than 10 years. She resides in Miami and travels frequently.
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