oboloo Glossary

Just In Time System

oboloo Glossary

Just In Time System

Just-in-time systems are production and inventory strategies that focus on delivering goods or services exactly when they are needed. By addressing the needs of customers and eliminating waste, these systems can increase profits, reduce costs, and improve customer satisfaction. With just-in-time systems, businesses focus on continual improvement and real-time decision making. The ultimate goal is to ensure that the right amount of products are delivered to the right place on time. This system encourages a culture of collaboration and communication between departments in order to maintain a high level of efficiency.