2. Just in time
Just In Time is an optimal material requirement planning system for a
manufacturing process in which there is little or no manufacturing
material inventory on hand at the manufacturing site and little or no
incoming inspection.
3. Just in time
Leading Japanese companies attribute their success in reducing waste
and speeding production to the implementation of so called Just In Time (
JIT ) methods of working. It is also known as stockless production
because the aim is to receive supplies and manufacture components Just
in time for next operation. In JIT, the ideal inventory is one.