What is Just-in-Time?

A definition of Just-in-Time

“Just-in-Time (JIT) is an inventory strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.”

Just-in-Time in Business Glossary - What is a Just-in-Time?

Business Glossary > What is Just-in-Time?


Examples of Just-in-Time in a Sentence:

Our company uses Just-in-Time to minimize holding costs.

Just-in-Time delivery helps reduce excess inventory.

The Just-in-Time system requires precise planning to avoid delays.

Why is Just-in-Time Important in Business?

Understanding Just-in-Time is critical for businesses aiming to optimize supply chain operations. It helps in reducing holding costs, minimizing wastage, and ensuring that only what’s necessary is produced or ordered, improving overall efficiency.

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Associated Terms

Here are some associated business terms and synonyms for “Just-in-Time”:

  • Lean Manufacturing
  • Continuous Flow
  • Demand Flow

Toyota’s Just-in-Time

Toyota is renowned for its effective implementation of Just-in-Time, which helped revolutionize the automotive industry through waste reduction and productivity improvement, cementing its leadership in manufacturing processes.

Final Notes on Just-in-Time

When considering implementing Just-in-Time, assess the reliability of suppliers and the capacity for handling unexpected demand changes. Managing these aspects can lead to enhanced operational efficiency.


This has been a definition of Just-in-Time meaning.

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