Business. noting or pertaining to a method of inventory control that keeps inventories low by scheduling needed goods and equipment to arrive a short time before a production run begins. Abbreviation: JIT
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denoting or relating to an industrial method in which waste of resources is eliminated or reduced by producing production-line components, etc, as they are required, rather than holding large stocksAbbreviation: JIT
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
just in time
see in the nick of time.
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