Question

how just in time technique is fruitful for any organisation
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Answer 1

Just in time technique is fruitful for any organisation because it prevents excessive use of inventory.

Explanation:

Just in time is an approach or a technique that helps a business to prevent the excessive use of inventory. It ultimately smoothens the operations that are associated with the production.  

The ways that just in time technique is very vital and fruitful for the organizations of all levels are:

i. It increases the turnover rate of the inventory of an organization.

ii. It helps to reduce the connected cost and holding costs of an organization.

iii. This technique also helps organizations to have enough space available in the warehouse in order to store the goods for future delivery.