Examlex
Conversion modifies software to meet specific user or business requirements.
JIT Partnerships
Collaborative relationships between suppliers and companies to ensure just-in-time delivery of inventory, reducing waste and improving efficiency.
Small Lot Sizes
The production strategy that involves manufacturing smaller quantities of items to reduce inventory levels and respond quickly to customer demands.
Diversification
Diversification is a risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to minimize risk.
JIT Systems
Systems based on the just-in-time principle that focus on continuous improvement by eliminating waste and only producing what is needed, when it is needed.
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