Just-in-Time Inventory (JIT),   Inventory Technique


Get terms alphabetically:  A B C D E F G H I J K L M N O P Q R S T U V W X Y Z   

Detailed terminology list , in pdf form, will soon be available


A computer term for a general-purpose programming language created by Sun Microsystems. Java can be used to create

Java applets
A Java program is downloaded from the web server and interpreted by a program running on the computer running the Web browser.

Just-in-Time Inventory (JIT)
An inventory control system that controls material flow into assembly and manufacturing plants by coordinating demand and supply to the point where desired materials arrive just in time for use.

An inventory reduction strategy that feeds production lines with products delivered "just in time”. Developed by the auto industry, it refers to shipping goods in smaller, more frequent lots.

Just-in-Time II (JIT II)
Vendor-managed operations taking place within a customer's facility.
JIT II was popularized by the Bose Corporation. The supplier reps, called "inplants," place orders to their own companies, relieving the customer's buyers from this task.

Many also become involved at a deeper level, such as participating in new product development projects, manufacturing planning (concurrent planning)





Get terms alphabetically:  A B C D E F G H I J K L M N O P Q R S T U V W X Y Z   


:Recommended for further readings on Supply Chain Management :


Check the following links too:



| Sitemap | Copyright | Disclaimer | Privacy Policy | About us | Link with us | Contact us | Advertise |


Click here to Bookmark this site | Contact here for Business collaborations |

No part of this web site may be reproduced or transmitted in any form by any means graphic, electronic, or mechanical without permission in writing from the publisher