Total costs of just-in-time logistics industry in China 2013-2020

Total costs of just-in-time logistics industry in China from 2013 to 2020

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Release date

August 2019

Region

China

Survey time period

2013 to 2018

Supplementary notes

*Estimates.
Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of September 2019).

According to Investopedia, just-in-time (JIT) inventory system is a management strategy aligning raw material orders from suppliers with the real time orders, for improved efficiency and reduction of inventory costs.
According to source, the order size includes the amount of the orders delivered by self-built system of platform-based companies and the amount of the orders stipulated by third-party logistics companies.

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