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      Logistics Glossary

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      There are currently 4 logistics in this directory beginning with the letter J.
      J
      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 Rate

      A rate over a route that requires two or more carriers to transport the shipment.

      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.