Keith Smith via PLUG-discuss said on Fri, 21 Jun 2024 06:20:06 -0700
>And what about those supply chain issues? I studied Just-in-Time in
>1989 or so. We have the Just-in-Time so tightly rapped that the
>supply chain is very fragile. There is hope. I've read the
>capitalists are figuring out how to fix the problem. Shipping
>containers are being built in China so the container does not have to
>be shipped back empty.
Just-in-time delivery was, is and always be a source of trouble. Anyone
who has read Eliahu Goldratt's book "The Goal" knows this. This "you
must deliver between 3:15 and 4:15 PM Thursday' stuff removes all
resilience against variation. I'm not talking just about black swan
variation like the 2020 Pandemic, I'm talking about weekly stuff like
weather events, traffic crashes, power outages, strikes, theft,
inventory miscalculation and the like.
I'm not saying companies should build huge warehouses to hold six
months worth of goods to be sold. But neither should they be one day
away from completely running out. Because stuff happens.
Every English speaker worldwide should read "The Goal".
https://www.barnesandnoble.com/w/the-goal-eliyahu-m-goldratt/1103443759
SteveT
Steve Litt
http://444domains.com
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