just-in-time production system
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just-in-time — just in ,time adjective BUSINESS bought, sent, or produced at the last possible time: a just in time production system … Usage of the words and phrases in modern English
just-in-time — UK / US adjective business bought, sent, or produced at the last possible time a just in time production system … English dictionary
Just-in-time (business) — Just in time (JIT) is an inventory strategy implemented to improve the return on investment of a business by reducing in process inventory and its associated carrying costs. In order to achieve JIT the process must have signals of what is going… … Wikipedia
Just-in-time-Produktion — (kurz: just in time, JIT) oder auch bedarfssynchrone Produktion bezeichnet eine Produktionsstrategie, die als Ziel die Schaffung durchgängiger Material und Informationsflüsse entlang der Lieferkette (engl. Supply Chain) verfolgt und zur… … Deutsch Wikipedia
just in time — UK US adjective [only before noun] (ABBREVIATION JIT) PRODUCTION, MANAGEMENT ► relating to a manufacturing system in which parts and materials are delivered when they are needed, rather than before. Just in time systems reduce the cost of storing … Financial and business terms
just-in-time system — (JIT) This is a system of related production practices which aim to deliver the exact quantity and quality of raw materials, parts, and sub assemblies ‘just in time’ for the next stage of production . Originally associated with Japanese firms,… … Dictionary of sociology
Toyota Production System — The Toyota Production System (TPS) combines management philosophy and practices to form an integrated socio technical system at Toyota. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with… … Wikipedia
Toyota Production System — UK US noun [S] (ABBREVIATION TPS) PRODUCTION, MANAGEMENT ► a system for manufacturing, developed by Toyota® in Japan, based on lean manufacturing (= avoiding waste) and just in time production (= where parts are delivered exactly when needed):… … Financial and business terms
just-in-time manufacturing (JIT) — Production control system, developed by Toyota Motor Corp. and imported to the West, that has revolutionized manufacturing methods in some industries. By relying on daily deliveries of most supplies, it eliminates waste due to overproduction and… … Universalium
Just In Time - JIT — An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. This method requires that producers are able to accurately… … Investment dictionary
just-in-time system — A system of production where components are delivered as they are required rather than keeping them in store … Dictionary of automotive terms
