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The characteristics of jit procurement include

Features of JIT procurement include:

1. Reducing inventory: the main purpose of JIT procurement is to reduce inventory in order to avoid inventory backlogs and waste.JIT procurement avoids inventory backlogs and waste by enabling a company to obtain the materials it needs when it needs them through just-in-time purchasing and supply.

2. Dependence on suppliers: JIT purchasing requires close cooperation between enterprises and suppliers to ensure timely supply of materials. Therefore, it is very important to establish a long-term and stable cooperative relationship with suppliers.

3, high quality requirements: JIT procurement requires suppliers to provide high-quality products to ensure the stable operation of the production line. If the quality of the products provided by the supplier does not meet the requirements, it may lead to production line stagnation, thus affecting the productivity and product quality of the enterprise.

4, emergency purchasing ability: JIT procurement requires companies to have emergency purchasing ability to deal with unexpected events. For example, if the supplier can not deliver on time, the enterprise needs to be able to purchase substitutes in a timely manner, in order to avoid production line stagnation.

5, flexibility: JIT procurement needs to have the flexibility to adapt to changes in market demand. Enterprises need to be able to quickly adjust the procurement plan to meet changes in market demand. Summarize the characteristics and advantages of JIT procurement, as well as the implementation of JIT procurement methods and techniques for the implementation of JIT procurement for enterprises to provide reference.