Conditions for successful JIT inventory management:

1. Reliable Suppliers: JIT depends on suppliers being able to deliver materials precisely when needed. Any delays in delivery can halt production.
2. Efficient Production System: The production process must be streamlined and flexible to adapt quickly to changes in demand without accumulating excess inventory.
3. Accurate Demand Forecasting: There must be reliable and precise forecasting to ensure that the right amount of materials is ordered and delivered as required, minimizing waste and excess inventory.