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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.
What is PICC? There may be more than one meaning of PICC, so check it out all meanings of PICC one by one. PICC definition / PICC means? The Definition of PICC is given above so check it out related information. What is the meaning of PICC? The meaning of the PICC is also explained earlier. Till now you might have got some idea about the acronym, abbreviation or meaning of PICC. What does PICC mean? is explained earlier. You might also like some similar terms related to PICC to know more about it.