JIT: a process with many faces.(just-in-time)

Purchasing, September, 1997 by Minahan, Tim

In its most basic form, just-in-time or JIT is producing the required items, at the right quality, and in the exact quantities, precisely as they are needed. Over the years, this philosophy has spawned a host of new production concepts. They go by names like flexible, flow, and seamless manufacturing as well as total supply chain management.

The goal of these concepts, contrary to popular belief, is not to reduce inventory, although that's an appealing side benefit. Instead, JIT (like its imitators) is a continual process aimed at eliminating waste and solving problems throughout the supply chain. Companies have adopted some common techniques to accomplish this JIT nirvana, like using small lots, direct-line deliveries, and pull inventory...