JIT can be defined as an integrated set of activities designed to achieve high-volume production using minimal inventories (raw materials, work in process, and finished goods).
JIT also involves the elimination of waste in production effort.
JIT also involves the timing of production resources (e.g., parts arrive at the next workstation “just in time”).
Zero inventory
- Zero lead time
- Zero failures / defects
- Elimination of waste
- Reduce cost
- Increase return on investment
- Improve productivity