Project Management

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what is JUST IN TIME as per PMBOK?

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Koumaresan Natesan PM Consultant| Apex realty Pvt Ltd Pondicherry, Pondicherry, India
Hi Guys, if anyone please describe me in details or in Bullets points/summary
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Rami Kaibni
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Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
In simple words it means: Order material when you want it only so you can decrease your inventory and overheads. Check this link out, it will help you better understand the concept:

http://resources.intenseschool.com/the-jus...duction-system/
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Gary Hamilton Bristol, Tn, United States
Just in Time (JIT) is also often used in lean concepts. It is about efficiency. As Rami states, order material and/or labor as needed to reduce costs and wait time, in order to be efficient.

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