Term of the Road Dictionary

just-in-time

  • Language : PIARC Road Dictionary / English
  • Theme : Financial and Legal Tools Finance and Procurement Economics and Finance
  • Definition : Minimization of work-in-progress and of finished stock by the control of inter-process movement in the supply chain by a pull system based on reduced batch size. Note: in the broad sense JIT is an approach to achieve excellence based on the continuing elimination of waste (i.e., those things which do not add value to the product) [EN 14943].
  • Grammar : n
  • Abbreviation : JIT

Back to theme

This site uses cookies to optimize its operation. They allow you to securely access your personal space and download our publications. You accept their use by clicking on the "Continue" button.