Not in Time Manufacturing
For decades, Japan has been a leader in Just in Time manufacturing: the premise that a company can reduce inventory amounts because an order to a Japanese partner or supplier would deliver the product to you, just in time for it's use.
With the three disasters (thus far) that have hit Japan, the auto plants are shut down, electricity production is on a three-hour rolling blackout schedule and Sony has stopped production at six of it's northern plants.
Companies around the world who have depended upon Japan for it's Just in Time delivery schedule may have to revisit their strategic plan and move to plan B, or the contingency plan, as Japan will likely be using a Not in Time production timeline for the near-term foreseeable future.
S.A. Romeo
The Strategy Expert
Showing posts with label Japan. Show all posts
Showing posts with label Japan. Show all posts
Tuesday, March 15, 2011
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