An inventory1) Raw materials, work in process, finished goods,... control system that controls material flow into assemblyA group of subassemblies and/or parts that are put... 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 shipping1) Tasks related to the outgoing shipment of goods... goodsA merchandise or materials which are used to satis... in smaller, more frequent lots.