Which strategy is aimed at synchronizing inventory with production to minimize waste?

The strategy aimed at synchronizing inventory with production to minimize waste is the Just-in-Time (JIT) strategy. This approach focuses on producing and delivering products just as they are needed in the production process, reducing excess inventory and associated holding costs. By aligning the inventory levels closely with production schedules, JIT helps to ensure that materials arrive only when required, minimizing the risk of overproduction and waste.

The effectiveness of the Just-in-Time strategy lies in its ability to streamline operations and improve efficiency by creating a more responsive and flexible supply chain. This method requires close cooperation and communication between suppliers and manufacturers, ensuring that materials are available precisely when needed, thereby optimizing production workflows and reducing lead times.

In contrast, other strategies like ASAP inventory or a pure inventory system do not directly focus on minimizing waste through synchronization with production. Continuous replenishment, while it involves timely restocking, does not specifically emphasize the close alignment with production that defines the JIT approach. Hence, the Just-in-Time strategy stands as the primary method for achieving synchronized inventory management aimed at waste reduction.