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(1) Just in Time Strategy
In this episode of English Pod, hosts Marco and Erica
explore the Just In Time (JIT) philosophy, a business strategy
focused on efficiency and cost reduction. They discuss the
concept's origins, its implementation in companies like Toyota,
and its impact on reducing lead times and minimizing
redundancies. Key vocabulary related to JIT is introduced,
including 'lead time,' 'workstation,' 'defective,' and 'redundancies.'
The dialogue illustrates a company's plan to implement JIT to
avoid layoffs and improve production efficiency, while the hosts
provide language takeaways for business settings.