JIT
JIT, or Just-In-Time, is a production strategy aimed at reducing waste and improving efficiency. It involves producing goods only as they are needed in the manufacturing process, minimizing inventory costs. This approach helps companies respond quickly to customer demand and reduces the risk of overproduction.
The JIT system relies on close coordination with suppliers to ensure that materials arrive just when they are needed. This requires precise planning and communication, allowing businesses to streamline operations and focus on quality. By adopting JIT, companies can enhance their competitiveness and adapt more easily to market changes.