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Just In Case
(redirected from JIC)

    Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
Just In Case
A business strategy in which a company maintains high inventory at all times to compensate for sudden increases in demand. A JIC strategy incurs higher carry costs for inventory, but protects the company from the possibility of losing revenue if it runs out of inventory. It is common for companies and industries that have a hard time estimating demand for their products. It contrasts with a just in time (JIT) strategy. See also: Supply chain.
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Aiming to raise public awareness on insurance issues, Jordan Insurance Company (JIC) participated in the AoInsurance AwarenessAo competition that was organized by the Insurance Commission, whereby JIC contributed JD2,500 as the first prize in the competition.
JIC participates in AaeInsurance Awareness CompetitionAAE by The Star (Amman, Jordan)
UK forces cannot match the threat postulated by the JIC assessment," the chiefs noted in January 1978 in a document marked Top Secret UK Eyes Alpha.
UK forces 'unable to resist Soviets' ARCHIVES: Britain would have ... by Birmingham Mail (England)
In a document marked Top Secret UK Eyes Alpha, the chiefs noted in January 1978: "UK forces cannot match the threat postulated by the JIC assessment.
UK running on empty against Soviets; RELEASE OF PAPERS TELL HOW ... by Daily Record (Glasgow, Scotland)
 
 
 
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