Just-in-Time Workforce

A strategy that involves hiring workers only when there is an immediate need, ensuring that labor resources match current demand.

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This approach, inspired by just-in-time manufacturing principles, reduces costs, increases efficiency, and provides flexibility for businesses. Companies utilize staffing agencies or digital labor marketplaces to quickly find and deploy workers as needed, avoiding the overhead and inflexibility associated with maintaining a large permanent workforce. This method allows businesses to adapt swiftly to fluctuations in demand, optimize resource allocation, and minimize labor-related expenses.