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Topical Terminology > Just-in-time (Jit)



5 Definitions

Just-in-time (Jit)

For Just-in-time (Jit) we have terms and definitions in 5 topics. The topics are Accounting, Automotive, Financial Modeling, Hard Drive Recovery and RAID Drive Recovery.



Just-in-time (Jit) (Accounting)

is a management philosophy that strives to eliminate sources of manufacturing waste and cost by producing the right part in the right place at the right time.


Just-in-time (Jit) (Automotive)

refers to the movement of material to the necessary place at the necessary time. It is part of a business philosophy based on achieving excellence in a manufacturing company through the continuous elimination of waste.


Just-in-time (Jit) (Financial Modeling)

Inventory replenishment intended to bring exactly the right parts to an assembly process exactly when needed, minimizing inventory requirements and simplifying its flow. In practice, this approach risks line shut downs if information and all delivery systems aren't near-perfect.


Just-in-time (Jit) (Hard Drive Recovery)

A production and inventory control process in which components and materials are delivered to an assembly point as needed. This process is used in Western Digital manufacturing facilities and in most of the company's customer plants.


Just-in-time (Jit) (RAID Drive Recovery)

A production and inventory control process in which components and materials are delivered to an assembly point as needed. This process is used in many hard drive manufacturing facilities.




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