What does JIT stand for in engineering terminology?

In engineering terminology, JIT stands for "Just In Time." This concept is primarily associated with manufacturing and inventory management. Its primary goal is to reduce waste and improve efficiency by receiving goods only as they are needed in the production process. This approach minimizes inventory costs and storage space, as products are produced or delivered just in time to meet demand, which can lead to increased efficiency and reduced lead times. The JIT methodology emphasizes the importance of synchronizing supply with production schedules, ensuring that materials are used as soon as they arrive, thereby enhancing overall operational efficiency.