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Just-in-time Inventory

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PPG Portal Supplementary Resources > PPG Glossary > J > Just-in-time Inventory
 

Just-in-time Inventory 

An approach to inventory management that calls for the arrival of inventory just as it is needed, resulting in zero inventory levels.

(Graham, Andrew. 2007. Canadian Public-Sector Financial Management. Kingston, ON: School of Policy Studies, Queen’s University; Montreal: McGill-Queen’s University Press.)