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What does just-in-time mean?

Looking for the meaning or definition of the word just-in-time? Here's what it means.

Adjective
  1. Taking place at the time when it is needed, and not in advance.
    1. (operations) Of a manufacturing system in which components are delivered at the precise time required, thus minimizing inventory carrying costs.
    2. (computing) Performing compilation of code on the client machine immediately before execution.
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Examples
We buy from the mills and depot aluminum on our floor for just-in-time delivery to customers.
Ford, the father of modern manufacturing, also pioneered modern business techniques such as lean manufacturing and just-in-time fulfillment.
Technology advances international competitiveness by bringing in just-in-time delivery and client specific products.
Even interior construction is revolutionized, with complete upper and lower halves built near the line and delivered on a just-in-time basis.
We moved it and smoothed it out and provided just-in-time delivery, much like you do in the civilian sector.
For years, just-in-time delivery has been the preferred method for meeting those goals.

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