Just in time (JIT)
Term · Logistics and supply chain · MLC-T-LOG-000153
A production and inventory management strategy where materials, components, and products are delivered and produced only when needed, rather than being stored in advance. This approach aims to reduce waste and inventory holding costs by synchronizing supply with demand. JIT systems often rely on kanban signals to trigger replenishment.
| Identifier | MLC-T-LOG-000153 |
|---|---|
| Field | Logistics and supply chain |
| Abbreviation | JIT |
Record as JSON
{
"id": "MLC-T-LOG-000153",
"term": "Just in time (JIT)",
"field": "Logistics and supply chain",
"definition": "A production and inventory management strategy where materials, components, and products are delivered and produced only when needed, rather than being stored in advance. This approach aims to reduce waste and inventory holding costs by synchronizing supply with demand. JIT systems often rely on kanban signals to trigger replenishment.",
"abbreviation": "JIT",
"url": "https://mlchart.com/terminology/logistics/just-in-time-jit/"
}
Record 165 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.