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As Lee Iacocca, former president of the Ford Motor Company, once famously said, "The speed of the leader is the speed of the gang". In today's fast-paced business world, this sentiment rings truer than ever. To remain competitive, companies must continually strive to optimize their Operational Excellence. One tactic that has gained significant traction is Just-In-Time (JIT) inventory management. Originally developed in Japan in the 1970s as a mechanism to manage inventory in the automotive industry, JIT has evolved into a key strategic tool, aiding businesses in numerous realms—from manufacturing to retail to logistics—and driving tangible improvements in Efficiency, Cost Management, Risk Management, and overall Organizational Performance.

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