Just In Time

The Just In Time (JIT) option removes stock from a customer's premises, freeing up space for more producitve activities and guarantees availability of product at the time of need.

The customer provides MBW with a schedule of product based on the forecast demands of the business. MBW will hold the stock and deliver agreed amounts on a call off basis to meet schedule requirements. Although JIT is most suited to a consistent manufacturing operation the system allows for flexibility where delivered quanitities can be increased or decreased according to demand.

To implement this arrangement a contractual agreement is required and minimum quantity guarantees may be required on special items. However, the customer benefits include:

Reduced inventory
Improves cash flow
Fixed prices for the period of the agreement
Reduced warehousing allowing for more productive activities
Assured supply of product at the time of need
Reduced obsolescence

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