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    2. Barrons Dictionary»
    3. just-in-time (JIT) production systems»

    Definition of just-in-time (JIT) production systems

    Dictionary of Accounting Terms: just-in-time (JIT) production systems
    just-in-time (JIT) production systems

    demand pull system. Purchases of materials and output depend on actual customer demand. Inventories are reduced greatly or eliminated, a few suppliers must reliably deliver small amounts on a frequent basis, plant layouts must become more efficient, a zero defects policy is established, and workers must be able to perform multiple tasks, including continuous monitoring of quality.

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