// ROBOTICS AND SMART FACTORIES TERM
Just-in-Time
Just-in-Time is an inventory strategy where materials and components are ordered and received only when they are needed for production, minimizing storage costs and waste. It aims to reduce inventory to the bare minimum.
TECHNICAL DEFINITION
Just-in-Time (JIT) is a lean manufacturing and inventory management strategy that synchronizes material and component delivery with production schedules, aiming to minimize inventory holding costs, reduce waste, and improve efficiency by producing items only as they are required.
BACKGROUND
Lean manufacturing is a management system built on three principles: produce only what is needed, when it is needed; correct abnormalities as soon as they occur; and empower workers to improve the process themselves.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- JIT
- Lean inventory
- On-demand production
- Pull system
- Stockless production
USAGE NOTE
JIT requires highly reliable suppliers and precise demand forecasting to avoid production stoppages.
DEVELOPERS
Organizations developing technology related to Just-in-Time.
Develops Enterprise Resource Planning (ERP) and supply chain management software, such as SAP S/4HANA, that enables real-time data processing and visibility. This allows manufacturers to precisely coordinate procurement and production schedules, a core requirement for Just-in-Time systems.
Offers a suite of digital manufacturing solutions through its Xcelerator portfolio, including Manufacturing Execution Systems (MES) and automation technology. These tools connect the factory floor with the supply chain, enabling real-time production adjustments based on material availability, which is fundamental to JIT.
Provides the Fusion Cloud SCM (Supply Chain Management & Manufacturing) platform, which includes tools for demand management, inventory optimization, and supply chain planning. These technologies help businesses forecast demand accurately and automate procurement to receive materials exactly when needed.
Develops the 3DEXPERIENCE platform, which includes DELMIA applications for supply chain planning and optimization. DELMIA Quintiq helps solve complex logistics and scheduling puzzles, enabling companies to create highly efficient, lean manufacturing workflows that support JIT delivery.
A leader in industrial automation and information, providing Manufacturing Execution Systems (MES) and smart factory solutions. Their software, including offerings from their subsidiary Plex Systems, creates a connected enterprise that ensures production lines and material flow are synchronized for lean, JIT operations.
Specializes in hardware and software for real-time visibility. Their RFID, barcode scanning, and locationing solutions provide the granular, real-time data on inventory and assets needed to trigger JIT replenishment and track materials accurately throughout the production process.
Provides industry-specific cloud ERP solutions with advanced supply chain management capabilities. Their software helps manufacturers manage complex supply networks, improve forecasting, and automate processes to reduce inventory levels and implement JIT principles effectively.
Offers industrial software, including Manufacturing Execution Systems (MES) and Asset Performance Management (APM) through its Proficy suite. This software optimizes shop floor operations and production scheduling in real-time, providing the control and data necessary to execute a Just-in-Time strategy.