Just-in-time purchasing

From CNM Wiki
Revision as of 14:42, 10 July 2020 by QiratH (talk | contribs) (Created page with "Just-in-time purchasing (JIT purchasing) is the purchase of materials (or goods) so that they are delivered just as needed for production (or sales). ==Definitions==...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Just-in-time purchasing (JIT purchasing) is the purchase of materials (or goods) so that they are delivered just as needed for production (or sales).

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Just-in-time purchasing (JIT purchasing). The purchase of materials (or goods) so that they are delivered just as needed for production (or sales).
Retrieved from "https://pravka.bskol.com/w/index.php?title=Just-in-time_purchasing&oldid=52077"