First of all, it is called a new inventory management model-from EOQ (economic batch) to JIT (just in time).

Abstract, Keywords, Introduction

Then there is the key part-the text. First of all, it introduces what JIT is. The concept of JIT was first put forward by the United States and practiced by Toyota in Japan in the late 1970s, so it was widely used. At present, it is widely used in most developed countries such as Japan and the United States. The concept and connotation of JIT have several characteristics, but there are also some disadvantages and how to avoid them.

The second part compares the traditional inventory management mode with the new inventory management mode JIT, and draws the conclusion that JIT will adapt to the development requirements of the times and will surely become a new inventory management concept.

The third part can illustrate some specific applications of JIT in China, from which we can draw our own views: it is a development trend for new things to replace old things, China's JIT system should also be widely promoted in China, and China should improve its legal system to create a wider and better environment for the implementation of JIT!