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Just-in-Time (JIT) & Just-in-Case (JIC)—Which Inventory Strategy is Right for You?
Posted on 11/21/23 8:11 AM
In postwar Japan, Taiichi Ohno was tasked with rebuilding the Japanese car market from scratch. Known as the father of the Japanese Toyota Production System (TPS), Ohno inherited limited raw materials in a fledgling automotive market—the behemoth Fordesque assembly lines employed in the U.S. were too sprawling for Japan’s compact approach.
Topics: shipping, manufacturing, supply chain, JIC, JIT