SPEDITION Lexikon

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J. and W.O.

Jettison and Washing Overboard.

Jettison

Throwing the cargo or ship's property overboard to save other property from a common danger.

Jetty

Mole or breakwater, running out into the sea to protect harbor or coast. It is sometimes used as a landing-pier.

JIT

Just-in-Time: Abbreviation: JIT. 1. The movement of material/goods to the required place at the required time. Each operation is closely synchronized with the subsequent ones to make this possible. 2. A method of inventory control that brings stock into the production process, warehouse or to the customer just-in-time to be used, thus reducing stockpiling.

Joint Charge

Charge which applies to the carriage over the lines of two or more carriers and which is published as a single amount (air cargo).

Joint Rate

Rate which applies for carriage over the lines of two or more carriers and which is published as single amount (air cargo).

Joint Venture

Business undertaking in which more than one firm share ownership and control of production and/or marketing.

Jurisdiction

The power that a court of law or an official person has to carry out legal judgements or enforce law.

Jurisprudence

Juridical decisions used for explanation and meaning of law.

Just-in-Time

Abbreviation: JIT. 1. The movement of material/goods to the required place at the required time. Each operation is closely synchronized with the subsequent ones to make this possible. 2. A method of inventory control that brings stock into the production process, warehouse or to the customer just-in-time to be used, thus reducing stockpiling.