A logistics and manufacturing strategy in which materials and parts are delivered close to the moment they are actually needed in production or sale, rather than stockpiled in advance. It was developed industrially as part of the Toyota Production System in Japan after the Second World War and depends on reliable, closely scheduled transport, since a shipment delayed by even a day can stop a production line with little inventory buffer to absorb the disruption. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Core ConcernDelivering materials close to the moment of need, minimizing inventory but depending on transport reliability. 1 FAQs
Why does just in time delivery depend so heavily on transport reliability?
Just in time delivery keeps little inventory buffer, so a delayed shipment can stop a production line.
Just in time delivery is a logistics and manufacturing strategy in which materials and parts are delivered close to the moment they are actually needed in production or sale, rather than stockpiled in advance. It was developed industrially as part of the Toyota Production System in Japan after the Second World War, and it depends on reliable, closely scheduled transport, since a shipment delayed by even a day can stop a production line that has little inventory buffer to absorb the disruption.
Connections
Exemplified By
The Toyota Production System is the strategy's origin, per the entity's own description
Sources
1. Wikipedia: Just-in-time Manufacturing
WikipediaLead sectionQuote, Lead section
By receiving goods only when needed, Lean reduces inventory costs and wastage, while increasing productivity and profit.
Wikipedia: Toyota Production System
WikipediaLead section, second paragraphQuote, Lead section, second paragraph
Originally called "Just-in-time production", it builds on the approach created by the founder of Toyota, Sakichi Toyoda, his son Kiichiro Toyoda, and the engineer Taiichi Ohno.
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