ABSTRACT
A just-in-time (JIT) system is an inventory management philosophy aimed at reducing waste and redundant inventory by delivering products, components, or materials just when an organization needs them. The philosophy of the JIT system is that parts and materials should be supplied at the very moment they are needed in the factory production process. The JIT system focuses on improving the efficiency of material processes, and quality is very important. The JIT system focuses on improving the effectiveness of processes and operations that add value to the materials. A manufacturing firm will initially seek to reduce inventory and improve operations within its own organization. It is also vital to an organization that improvements are carried out continuously to enable it to maintain competitiveness. JIT produces benefits for firms in four major areas: improved inventory turns, better customer service, decreased warehouse space, and improved response time.
