
Just-in-Time Philosophy
The Just-in-Time (JIT) philosophy is an approach to managing production and inventory where materials and products are ordered and delivered only when needed for production or sale. This way, companies reduce storage costs and waste by minimizing excess inventory. It relies on precise coordination and efficient supply chains to ensure that resources arrive exactly when required, avoiding delays or stock shortages. JIT emphasizes streamlining processes, improving quality, and responding quickly to customer demands—all to increase efficiency and reduce costs while maintaining product availability.