„Just In Time“

The principle of production and inventory control that prescribes precise controls for the movement of raw materials, component parts and work-in-progress. Goods are expected to arrive when needed for production rather than arriving prior to need and becoming inventory,

Source:

Chase, Richard B., Jacobs, F. Robert, Aquilano, Nicholas J. “Operations Management for Competitive Advantage”. 11th Edition, McGraw-Hill/Irwin, 2006, Page 451.