Just-in-Time (JIT) refers to a strategy in which goods are received only as they are needed during production. This approach is used by companies to increase efficiency and reduce waste, basically ensuring that no more is acquired than what is actually going to be used. Implications of JIT For this assignment you will look at some implications of JIT. Answer the question in no more than 2 pages. • What are the possible impacts or implications of a Global Supply Chain on JIT?