JIT (Just-In-Time) Manufacturing

Just-In-Time (JIT) Manufacturing is an approach where materials and products are produced only as needed, reducing waste and inventory costs. Instead of making large quantities and storing them, JIT focuses on synchronizing production with demand. This method seeks to enhance efficiency by receiving goods only as they are required in the production process, leading to faster responses to customer needs and minimizing excess inventory. JIT is widely used in industries like automotive manufacturing, exemplified by companies like Toyota, aiming to streamline operations and improve overall productivity without compromising quality.