4 ms·
Small buffers, as little "waste" as possible - dark side of driving costs as low as possible when having reserves is not mandated by law (like in banking).Just
by polskibus 7y ago
Small buffers, as little "waste" as possible - dark side of driving costs as low as possible when having reserves is not mandated by law (like in banking).Just In Time production system, Lean etc have all this minimization built in and elevated to a core values. Time to embrace some kinds of process "waste"?
- kls 7y agoI tend to see it in the same light. I think just in time and inventory not sitting on shelves has a lot to do with it. There is no buffer to soften the shock anymore. Things are made, and shipped as the demand is happening or as close to that point as possible. This happens all the way down the chain. Critical goods should have a mandatory back-supply.