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Toyota Broke Its Just-in-Time Rule Just in Time for the Chip Shortage
- evolve2k 6y agoThe author makes interesting points about Toyota’s stock levels going up and seeming less “just-in-time” but misappropriates the changes to an abandonment of lean. The goal with lean philosophy is to hold no more than necessary and ruthlessly cut back on excesses/wastes in the process that yes includes excessive stockpiling. It would seem the work they’ve been doing upstream with suppliers is actually giving them better visibility into how much stock is necessary to hold. When you dig down I’d say they’re still acting in line with a lean approach.