An objective of the just-in-time (JIT) philosophy is that it:

The just-in-time (JIT) philosophy is primarily aimed at reducing costs through effective inventory management. This approach focuses on receiving goods only as they are needed in the production process, which minimizes waste and reduces the cost associated with holding large inventories. By keeping inventory levels low, companies can decrease storage costs, reduce the risk of obsolescence, and improve cash flow.

Through JIT, businesses also enhance their efficiency by synchronizing production schedules with demand, which leads to a smoother flow of materials and products. This not only cuts down on excess inventory and associated costs, but it also allows for more responsive and agile manufacturing processes, ultimately contributing to better overall financial performance.

While improving product quality, enhancing customer satisfaction, and increasing workforce demand can be ancillary benefits of effective JIT implementation, the core objective remains centered on cost reduction through streamlined inventory management processes.