JUST‑IN‑TIME (JIT): PHILOSOPHY, METHOD, AND STRATEGY FOR OPERATIONAL EFFECTIVENESS
1. What is Just‑in‑Time?
Just‑in‑Time (JIT) is a management and production philosophy that aims to produce only what is needed, in the quantity needed, and at the time needed. Its purpose is to eliminate waste, reduce inventories, shorten cycle times, and synchronize the entire value chain.