Investor Glossary-jicInvestor Glossary-jicInvestor Glossary-jicInvestor Glossary-jicInsightful stock market charts - Click here
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


The HTML to link to this page

JIC, which stands for "just in case," is a strategy used in inventory management. With the JIC strategy, companies seek to remove or reduce the chance that products will sell out and thus leave inventory empty. Instead of producing products after orders have come in, which is the JIT (just in time) strategy, the JIC strategy always keeps high inventory levels. The company will safeguard against sales that would otherwise be lost due to lack of inventory. A company may choose the JIC strategy if it cannot accurately predict demand for its products. The chief disadvantage of JIC is the high storage cost; the chief advantage of JIC is the ability to meet unexpected increases in demand for the products.

Rate this JIC definition...

Learn about investing with the Investor Glossary Term of the Day

Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.

Popular Terms: covered put, risk management, average price per share, deferred tax, dividends payable, retained earnings, 144a, 1031 exchange, diluted share, reverse mortgage, class C shares, inflation, Zero Cost Collar, FICO score, stock split, ex-dividend, quality assurance, in escrow, limit order, phantom income, annual return, 1035 exchange, APR, irrevocable trust, option premium, deferred revenue, VIX, Key Rate Duration, 401a, real GDP, EBITDA, LIBOR, margin rate, current ratio, stock market close, cancelled check, ex-dividend date, balance sheet, liquidity ratio, required rate of return, FTSE, labor relations, wholly-owned subsidiary, implied volatility, per diem, command economy, debt service coverage, open position, minority interest

Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use