Just In Time Production (JIT) is an innovative production system that allows companies to reduce costs and maintain high inventory accuracy. The system was developed in the 1950s by the Japanese car manufacturer Toyota and later adopted by many other businesses. JIT focuses on producing only what’s needed, when it’s needed, and as close to real-time demand as possible. It eliminates the need for large inventories, reduces delays in manufacturing and keeps production costs low. JIT production also streamlines processes by cutting down on waste and providing excellent customer service. By working with agile teams and responding quickly to changes in customer needs, companies can ensure that their products are always available when their customers need them.