Just-in-case, or JIC, is an inventory management strategy that focuses on keeping a large standing inventory.
Just-in-case supply chains operate by anticipating demand. To reduce the risk of stockouts due to large-scale disruptions and complexities, companies adopt just-in-case strategies to build supply chain resilience.
Just-in-case stands in contrast to the just-in-time model, in which materials are moved only right before they are needed. Learn more about supply chain software and supply chain services offered by GEP.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.