Investor Glossary-just in caseInvestor Glossary-just in caseInvestor Glossary-just in caseInvestor Glossary-just in caseInsightful stock market charts - Click here
investor
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

Just In Case

The HTML to link to this page
 

Just-in-case or JIC is an inventory management strategy where companies hold large amounts of inventory on hand. Just-in-case is used to try to minimize the possibility that a product will run out of stock. Historical usage is one approach used in just-in-case inventory management. A company that uses just-in-case typically incurs high costs for holding inventory, yet experiences a reduction in the number of sales lost due to inventory being sold out. Just-in-case is different from the newer just-in-time strategy, where companies minimize inventory by waiting until orders come in to produce goods. Companies that have trouble forecasting demand often use just-in-case. With a just-in-case strategy in place, there is usually enough production material on hand to meet unexpected demands for product. Often companies appoint a just-in-case manager to oversee the process.



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


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # 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 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
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use