Executive Briefings

JIT: An Idea Whose Time Continues to Be Right Now

When first developed in Japan in the 1970s, the idea of just-in-time (JIT) marked a radical new approach to the manufacturing process. It cut waste by supplying parts only as and when the process required them. The old system became known (by contrast) as just-in-case; inventory was held for every possible eventuality, just in case it came about. JIT continues to be just what you need. Read Full Article

When first developed in Japan in the 1970s, the idea of just-in-time (JIT) marked a radical new approach to the manufacturing process. It cut waste by supplying parts only as and when the process required them. The old system became known (by contrast) as just-in-case; inventory was held for every possible eventuality, just in case it came about. JIT continues to be just what you need. Read Full Article