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Just In Time Production System

oboloo Glossary

Just In Time Production System

Just In Time Production System

Just In Time Production System (or JIT) is an inventory management strategy that strives to minimize warehouse storage costs by delivering raw materials, components and finished goods on a “just in time” basis. Put simply, it involves setting up production processes so that materials arrive to the production line exactly when they are needed, without any delays. The goal is to use only what is necessary, when it’s necessary, and no more – reducing wastage and allowing businesses to stay agile and efficient. By using JIT, companies can save money on storage costs, reduce their environmental impact through the reduction of waste and unsold goods, and improve customer satisfaction through increasingly reliable delivery times. In short, it’s about getting things done quickly and efficiently – and making sure everything happens just in time!

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