What is meaning of jit?

Just-in-time (JIT) is a manufacturing philosophy that originated in Japan and is primarily used in manufacturing industries. The concept of JIT involves producing goods only when they are needed, and not before. This means that raw materials are only delivered to the production line right before they are needed, and finished goods are only produced when there is demand from the customer. The goal of JIT is to minimize inventory costs and improve efficiency in manufacturing processes. In addition, JIT can help reduce waste, improve quality, and increase productivity by promoting lean manufacturing principles.