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  1. Dictionary
    just-in-time
    /ˌdʒʌstɪnˈtʌɪm/

    adjective

    • 1. denoting a manufacturing system in which materials or components are delivered immediately before they are required in order to minimize storage costs: "just-in-time stock control"

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  2. www.investopedia.com › terms › jJust-in-Time (JIT): Definition, Example, and Pros & Cons -...

    Jun 29, 2024 · JIT is a management strategy that minimizes inventory and increases efficiency by receiving goods only as needed for production. Learn how JIT works, its advantages and disadvantages, and its relation to kanban and Toyota.

  3. www.forbes.com › advisor › businessWhat Is Just In Time Inventory (JIT)? – Forbes Advisor

    Jun 19, 2024 · JIT is a method of ordering small shipments of products and raw materials to meet customer demand. Learn how JIT can reduce waste, improve quality and increase productivity, but also has some drawbacks and alternatives.

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  5. theecommmanager.com › how-to-guides › just-in-time-inventoryJust-In-Time Inventory (JIT): What It Is & Why It's Great | The...

    Jul 9, 2024 · Just-in-time (JIT) inventory management is a method of optimizing the procurement of materials to align with production schedules. JIT helps manufacturers and retailers avoid overproduction, save on storage costs, and deliver quality products to their customers by ordering materials on an as-needed basis.

  6. www.merriam-webster.com › dictionary › just-in-timeJust-in-time Definition & Meaning - Merriam-Webster

    Jun 20, 2024 · Just-in-time is a noun that describes a manufacturing strategy of producing or delivering parts only when needed. Learn more about its origin, usage, and examples from Merriam-Webster dictionary.

  7. penpoin.com › just-in-timeJust-In-Time: Meaning, How It Works, Pros and Cons - Penpoin

    Jul 9, 2024 · What’s it: Just-in-time (JIT) is a system for reducing production times and response times from suppliers and customers. Toyota introduced this system for the first time in Japan in the 1960s and 1970s.

  8. ca.indeed.com › career-development › just-in-time-productionWhat Is Just-In-Time Production? (Definition, Pros, and Cons)

    Jun 27, 2024 · What is just-in-time production? Just-in-time production is a lean production method that seeks to produce an item only when needed. It aligns the amount of inventory or raw materials required to manufacture a product precisely with that product's demand.

  9. www.6sigma.us › manufacturing › just-in-time-production-system-jitJust-in-Time (JIT) in Lean Manufacturing? Toyota Production...

    Jun 28, 2024 · The just-in-time (JIT) production system targets removing wasted efforts and expenses from making methods. Developed by Toyota in the ’70s, just-in-time production system sees widespread adoption boosting workflows, lowering inventory expenses, and amplifying throughput across industries.