1.0Glosarixhttps://glosarix.com/en/Team Glosarixhttps://glosarix.com/en/author/adm_glosarix/Just-in-Time - Glosarixrich600338<blockquote class="wp-embedded-content" data-secret="WZkTLEMase"><a href="https://glosarix.com/en/glossary/just-in-time-en/">Just-in-Time</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://glosarix.com/en/glossary/just-in-time-en/embed/#?secret=WZkTLEMase" width="600" height="338" title="“Just-in-Time” — Glosarix" data-secret="WZkTLEMase" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Description: Just in Time (JIT) is a production strategy that aims to optimize a business’s return on investment by reducing work-in-progress inventory and associated maintenance costs. This methodology focuses on producing and delivering goods just when they are needed, thereby minimizing waste and maximizing efficiency. JIT is based on the premise that holding large amounts […]