Just in time

What is it?

Delivers as fast as stock sells

at least 2-3 deliveries per week

How does it work?

Delivers as fast as products are sold

item is decreased by 1 each time an item is sold

Checked against reorder level

Automatic request to supplier once below this level

Stock is delivered

Advantages

Dont need a warehouse to store the stock

More able to adapt to demand

Easier to cope with small deliveries

Dont run out of fast selling items

Less risk of out-of-date

Disadvantages

Expensive to introduce

More staff needed

Cant respond to unusual demand

distruption to transport