Definition: Just-in-time is a lean manufacturing philosophy that aims at decreasing in-process inventory and associated costs by supplying parts only when the assembly process requires them. |
More on manufacturing: 5 Whys, Changeover, Contract Manufacturing, Cradle to Cradle, Experience Curve, more on manufacturing... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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