Tag: just-in-time

LEAN Manufacturing Hits Road Bump: Supply Chain “Just In Time” (JIT)

This article has important implications for any business happily running LEAN Supply-Chain Operations. Not that there is anything fundamentally wrong about the Just In Time (JIT) principle per se; in fact, it is an excellent method of running production operations AS LONG AS everything goes according to plan. However, the immensity of the aftermath impact of the recent earthquake upon Japan’s infrastructure and business is very far reaching, not the least because there appears to have been no proactive “Black Swan Event” potentiality planning thus now leaving a huge gap in the ability for industry there, and elsewhere around the world that depends upon materials supplied through Japanese business, to keep running where that business is now structured around LEAN manufacturing principles.

LEAN Manufacturing Hits Road Bump: The DailyMailUK_KantoHwyAfterQuake“Just In Time” (JIT) Supply Chain – both in Japan and related deliveries from Japan following upon the earthquake and tsunami – hit a major stumbling block. The aftermath provides an opportunity to discuss an item excerpted from the (03/24/11) New York Times Business Section under the “REUTERS BREAKINGVIEWS” (page B2) sub-section – ROB COX and WAYNE ARNOLD.

This has been excerpted here because it was run together with a separate leading piece about banking reforms that has no direct relevance to the specific topic here and thus could not otherwise be discretely handled.

This NYT article has important implications for any business happily running LEAN Supply-Chain Operations. Not that there is anything Continue reading “LEAN Manufacturing Hits Road Bump: Supply Chain “Just In Time” (JIT)”