Just in case (JIC) is an inventory strategy that aims to minimize the probability of products selling out of stock. It is used by companies that have difficulty predicting consumer demand or experience large surges in demand at unpredictable times. The strategy incurs higher inventory holding costs but reduces the number of sales lost due to sold-out inventory. The strategy differs from just in time (JIT) inventory strategy and is more common in less industrialized countries. Companies choose the more costly JIC strategy to avoid potential losses and supply chain collapse. Real-world examples include the military and hospitals.
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