What is the goal of just-in-time (JIT) inventory management?

Just-in-time (JIT) inventory management aims to minimize inventory levels by synchronizing production and deliveries closely with demand. By receiving materials only when needed, firms reduce holding costs such as storage, insurance, spoilage, and obsolescence. JIT also improves cash flow by freeing capital previously tied up in inventory and shortening the cash conversion cycle. Financial management literature highlights JIT as a strategy that enhances efficiency but requires reliable suppliers and precise demand forecasting. Option B accurately captures the core objective of JIT systems.