What does Just In Time (JIT) aim to minimize in manufacturing?

Just In Time (JIT) is a manufacturing strategy focused on reducing inventory levels and associated costs by streamlining production processes. The primary goal of JIT is to minimize inventory costs, which includes holding costs, warehousing expenses, and obsolescence associated with excess inventory. By producing goods only as they are needed in the production process or for customer orders, JIT enables companies to operate more efficiently and responsively to demand.

While reducing production lead time, employee workload, and material waste can also be benefits of JIT practices, the most direct and primary aim is specifically to lower inventory costs. By doing so, businesses enhance their cash flow, reduce waste, and connect more closely with customer demands, leading to a more agile manufacturing environment.