Tag Archives: supply chain

Are “Just-in-time” supply chains evil?

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It is strange what topics come up at an annual Liberal Democrat dinner, but this topic, in the post title above, came up at one I attended last week.

It’s a big subject.

First of all, we need to be clear what “Just-in-time” actually means. It is a phrase which is bandied about so that it sometimes ceases to have any precise meaning.

In its purest,original sense, Just-in-time refers to Just-in-time manufacturing, as defined by Wikipedia:

Just-in-time (JIT) manufacturing, also known as just-in-time production or the Toyota Production System (TPS), is a methodology aimed primarily at reducing flow times within production system as well as response times from suppliers and to customers. Its origin and development was in Japan, largely in the 1960s and 1970s and particularly at Toyota.

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