What's it: Just-in-time (JIT) is a system for reducing production times and response times from suppliers and customers. Toyota introduced this system for the first time in Japan in the 1960s and 1970s. Why just-in-time
Operation Planning
Warehousing: Meaning, Types, Pros, and Cons
What's it: Warehousing is a set of activities involved in receiving and storing goods in a warehouse, then preparing them for sending back. Warehousing is highly essential for the smooth running of a business. If effective, it makes goods