Just-in-time (JIT)
Just in Time in production may also be referred to as the Toyota production system or Just in time production. This is a method whose primary objectives is to decrease flow periods within manufacturing as well as response time from customers and suppliers. It originated in Japan in the 1960s at a Toyota factory. It was mitigated to the western industries in the 1980s where many manufacturing industries practiced it. Just In time manufacturing strategy struggles to advance organization returns on a business venture by decreasing the procedure inventory and the linked costs. This just in time in production ...