Just In Time (JIT) Production

Just-in-Time (JIT) Production is a manufacturing strategy aimed at reducing waste and improving efficiency. It works by producing goods only as they are needed, rather than keeping large inventories. This approach minimizes storage costs and reduces the risk of surplus products becoming obsolete. JIT relies on close coordination with suppliers and streamlined production processes, allowing businesses to respond quickly to customer demand. By focusing on the timely availability of materials and components, JIT helps companies lower costs and improve their responsiveness to market changes, ultimately enhancing overall productivity.