Just in Time (JIT)
A lean production approach where materials and components are ordered and delivered just as they are needed in the produ...
Real World
Toyota pioneered JIT in its factories, ordering parts only hours before assembly; however, the 2011 Japanese tsunami exposed the fragility of this system when supplier disruptions halted global production lines.
Exam Focus
For 'evaluate' questions on JIT, always weigh efficiency benefits against supply chain vulnerability for full marks.
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