Just In Time

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Related to Just-in-time: Just-In-Time Delivery, Just-in-time manufacturing, Just-in-time compiler

Just In Time

A supply chain management system designed to reduce carrying costs to a minimum. A firm only orders what it expects for its immediate needs; therefore, it keeps a low inventory. For example, if a retailer believes it will sell 1,000 widgets in a week, it orders precisely 1,000 widgets from its manufacturer. JIT systems require that the retailer at the end of the supply chain can accurately predict demand for its products. They also require that each stage of the supply chain knows exactly how much time it takes to fill an order when it is made. The automotive industry and budget retailers commonly use JIT systems. See also: Lead time, Just in case.
References in periodicals archive ?
CENX, Service Orchestration, Cortx Service Orchestrator, Ethernet services, Carrier Ethernet, software-defined networking, SDN, network functions virtualization, NFV, cloud data center, Ethernet access, mobile backhaul, big data analytics, just-in-time capacity management
Because the just-in-time logistics method relies heavily on quickly providing supplies only as they are needed, there is no need (or the need is greatly reduced) for warehouses and depots and the personnel to work in them.
Following the issuance of the TAM a settlement was negotiated in the case that was almost wholly satisfactory to the taxpayer: not only were the just-in-time manufacturing training expenditures involved in the case determined to be currently deductible (or amortizable over a relatively short time frame), but it was agreed that the taxpayer's ongoing expenditures for training could be currently deducted as ordinary and necessary business expenses.
Maybe we're ready to get sucked into this 24-hour-a-day blur, using our just-in-time tools to cross over from work life to personal life and back again at R.
However, the overall plan to convert to a just-in-time operating system provided long-term benefits that were capital in nature.
CustomerCentric Selling[R] co-founder and co-author Michael Bosworth and Jeff Ernst, VP of Marketing at Kadient, will share their thoughts and ideas on defining and integrating just-in-time, opportunity-specific messaging into the sales process during the Kadient Sales Effectiveness webinar on February 6, 2008 from 1-2pm Eastern Time.
Wiener will focus on the many accomplishments for Pharmatech Oncology in cancer clinical trials utilizing the Just-In-Time (JIT) enrollment methodology.
During the process it tracks and routes vehicles, delivering information to over 150 shop floor devices, and notifies suppliers when to ship their parts so they arrive just-in-time and in sequence.
Pellets are conveyed using warm, dry air and delivered for the next loading cycle on a just-in-time basis.
Likewise, cleaning and refining functions will be gone since outside vendors will deliver precisely created raw materials just-in-time to the paper machine (sorry, substrate assembly process).
Just-in-time inventory control for patient-centered care
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