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After the 2011 earthquake they came to the conclusion that for some hard to source parts you have to keep a big stockpile. Basically if a part can only be prod
by doikor 5y ago
After the 2011 earthquake they came to the conclusion that for some hard to source parts you have to keep a big stockpile.
Basically if a part can only be produced by one or two parties there is too much risk of that source going away and disrupt everything else. This also applies all the way down the chain so if you got part A that can be made by 20 contractors but if all of those contractors depend on the same source then that part is also on the list of "stockpile this part enough to get over most disruptions"
- a9h74j 5y agoShould this be called the left-pad moment of just-in-time?
- KaoruAoiShiho 5y agoNot really, Toyota handled the shortage the best and was the last to cut production. The supply disruptions simply lasted too long to be possible to compensate for.
- 1123581321 5y agoNot at all; rather they were only in a position to intelligently stockpile due to the deep research into safely reducing inventory elsewhere.