JIT (Just-In-Time) is a business strategy focused on making or delivering products exactly when they're needed, not before. Think of it like a restaurant that buys fresh ingredients daily instead of storing weeks of food - it reduces waste and saves storage space. Companies use JIT to cut costs, improve quality, and stay efficient. It's part of lean manufacturing and process improvement methods. While it started in manufacturing with companies like Toyota, it's now used in many industries including retail, healthcare, and service businesses. You might also see it called 'lean inventory management' or 'on-demand production.'
Implemented JIT delivery system reducing warehouse costs by 30%
Led transition to Just-In-Time manufacturing processes across 3 plant locations
Managed JIT inventory program resulting in $2M annual savings
Typical job title: "Process Improvement Managers"
Also try searching for:
Q: How would you implement a JIT system in a company that's currently using traditional inventory methods?
Expected Answer: Look for answers that discuss gradual implementation, risk assessment, supplier relationships, training needs, and measuring success through KPIs like inventory costs and production efficiency.
Q: What are the biggest challenges you've faced implementing JIT, and how did you overcome them?
Expected Answer: Strong answers should include real examples of handling supplier issues, managing resistance to change, developing backup plans, and showing measurable improvements.
Q: What metrics would you use to measure the success of a JIT program?
Expected Answer: Should mention inventory carrying costs, production lead times, waste reduction, quality improvements, and supplier reliability metrics.
Q: How do you ensure supplier reliability in a JIT system?
Expected Answer: Should discuss supplier evaluation, building strong relationships, having backup suppliers, and regular performance monitoring.
Q: What are the main benefits of JIT?
Expected Answer: Should be able to explain basic benefits like reduced inventory costs, less waste, improved quality, and better cash flow.
Q: What's the difference between traditional inventory management and JIT?
Expected Answer: Should explain how JIT focuses on minimal inventory and producing only what's needed, versus keeping large safety stocks.