Just-in-time (JIT) is a production mode promoted by Toyota Motor Corporation of Japan in 1960s. After 1973, this model played a prominent role in Toyota's first energy crisis, attracted the attention of manufacturers in other countries, and was gradually implemented in Japanese-funded enterprises and European and American local enterprises. Now this model, together with other production and circulation models from Japan, is called "Japanese model" by western enterprises. Among them, the logistics mode of Japanese production and circulation enterprises has had an important impact on European and American logistics. In recent years, JIT has been implemented not only as a production mode, but also as a general management mode in the fields of logistics and e-commerce.
I won't copy the rest, it's all here.
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