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Yes, JIT inventory meant delivered "from the warehouse to the workstation" and not "intercontinentally shipped with extremely slim margins." But that's not wha
by Jenk 6y ago
Yes, JIT inventory meant delivered "from the warehouse to the workstation" and not "intercontinentally shipped with extremely slim margins."
But that's not what has happened here. Continually increasing demand (read population growth + geo-conglomeration of industries) has stretched the global supply network(s) to fragility, necessitating JIT in absurd distances and quantities, in turn requiring ships 400mx50m to squeeze through canals they barely clear the bed of at speeds slow enough for them to not cause over-swell but not fast enough for them to have enough thrust to overcome crosswinds.
- ckdarby 6y agoSounds like an opportunity for the country to start on another canal. They'll be able to take advantage of the clear demand, solve the issues of the existing, have a redundancy plan if either canal has an issue or needs repairs and I don't think it'll have a hard time getting support considering everything going on at the moment.