Supply chain radar: The box lines Super League – risking world trade?
At the ‘intersection of greed, opportunism and sustainable trade’.
Photo: © Jirapatch Iamkate | Dreamstime.com
Just-in-time (JIT) is on the rebound, but with a few twists.
Back in 2020/21, supply chain gurus pronounced the end of the JIT concept. The disruptions unleashed by the pandemic and subsequent supply chain turmoil exposed the vulnerability of what had been the dominant supply chain model and forced companies to re-think their strategy.
The new mantra was just-in-case (JIC), marked by an effort to make supply chains more shock-resistant, with a heavy dose of inventory ...
Comment on this article
george stalk
December 22, 2023 at 5:06 pm“Just-in-Case is a step backwards. All inventories are time sinks. The enemy of a resilient supply chain is time. The more time can be compressed throughout the chain the more resilient the chain is and the less is the “bull whip” effect. This is demonstrable.
George Stalk, Snr Adv, The Boston Consulting Group