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
JIT: An Idea Whose Time Continues to Be Right Now
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