J
Jidoka: The concept of adding an element of human judgment to
automated equipment. In doing this, the equipment becomes capable of discriminating
against unacceptable quality, and the automated process becomes more reliable.
JIT: *See Just in Time (JIT)
Joint
Cost: A common cost in cases where a
company produces products in fixed proportions and the cost the company incurs
to produce one product entails producing another; the backhaul is an example.
Joint Supplier Agreement (JSA): Indicative of Stage 3 Sourcing Practices, the JSA includes
terms and conditions, objective, process flows, performance targets,
flexibility, balancing, and incentives.
Just
In Time (JIT): An inventory control system that
controls material flow into assembly and manufacturing plants by coordinating
demand and supply to the point where desired materials arrive just in time for
use. An inventory reduction strategy that feeds production lines with products
delivered just in time. Developed by the auto industry, it refers to shipping
goods in smaller, more frequent lots.
Just in Time II (JIT II):
Vendor-managed operations taking place within a customer's facility. JIT II was
popularized by the Bose Corporation. The supplier reps, called
"inplants," place orders to their own companies, relieving the
customer's buyers from this task. Many also become involved at a deeper level
such as participating in new product development projects and manufacturing
planning (concurrent planning).
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