The basic JIT concept is an operations management philosophy whose dual objectives are to reduce waste and to increase productivity. Operationally, JIT minimizes inventory at all levels; materials are purchased, transported, and processed “just in time” for their use in a subsequent stage of the manufacturing process.
The basic JIT concept is an operations management philosophy whose dual objectives are to reduce waste and to increase productivity. Operationally, JIT minimizes inventory at all levels; materials are purchased, transported, and processed “just in time” for their use in a subsequent stage of the manufacturing process.