“A system of inventory control in which a manufacturer coordinates production
with suppliers so that raw materials or components arrive just as they are needed in the production process.”(5)
“An operating environment that seeks to reduce the levels of inventory where
by companies work with suppliers to coordinate and schedule deliveries so that goods arrive just at the time they are needed.”(1)
“Inventory (and production) system where inventory is minimized by contracting
with suppliers so deliveries are made, often daily or hourly, as needed for production.”(2)
“Just-in-Time means producing what is needed when
needed and no more. Anything over the minimum amount necessary is viewed as waste, because effort and material expended for
something not needed now cannot be utilized now.”(6)
