Overview
Just In Time (JIT) is a production and inventory management strategy where materials and components are delivered and produced only when needed, rather than being stored in advance. The primary goal of JIT is to reduce waste, minimize inventory holding costs, and improve efficiency by streamlining production processes. It is a critical concept in lean manufacturing and supply chain management.
Current status
Just In Time is currently classified as Dormant. Dormant means there has been no significant new coverage recently.