Glossary Term: Just-In-Time (JIT)
Just-in-Time (JIT) manufacturing is a technique to reduce setup times, inventory, and waste, reduce cycle time and improve efficiency in a manufacturing plant. In JIT management, raw materials are ordered to coincide with the production schedule minimizing inventory on hand.
To effectively execute JIT manufacturing procedures and production forecasts need to be accurate and detailed to minimize waste. Synonyms with continuous-flow manufacturing, JIT is aimed at reducing production time within the system and improving response times to suppliers and consumers.
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