Definition
An inventory strategy in which materials and components arrive exactly when needed for production or sale, minimising stock holding. It reduces carrying costs but depends on highly reliable and fast supply. In South Africa, long import lead times and port variability make strict JIT difficult for imported inputs.
Frequently asked questions
What is Just-in-Time (JIT)?
An inventory strategy in which materials and components arrive exactly when needed for production or sale, minimising stock holding. It reduces carrying costs but depends on highly reliable and fast supply. In South Africa, long import lead times and port variability make strict JIT difficult for imported inputs.
Which glossary terms are related to Just-in-Time (JIT)?
Just-in-Time (JIT) is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.