News Articles

April 2, 2009

What Comes After Just-in-Time?

What Comes After Just-in-Time?
By Jeremy N. Smith
World Trade Magazine, April 2, 2009

If the one constant is change, that goes double for the supply chain. In the decades of the nineteen eighties and nineties, the example of the Japanese drove American companies to replicate their approach to manufacturing via just-in-time inventory. Keeping reserves on-site became…‘so yesterday!’ To accommodate this approach, supply chain processes correspondingly changed.

At the same time that American business was re-inventing its supply chain, it was also relocating the geography of its sourcing. Globalization pushed vendors ever further off-shore. To operate in such a far-flung context, synchronizing transportation and logistics became an ever-challenging priority, all the more pressing with the internal production demands of just-in-time.

And now we’re entering yet another tectonic change in the business environment, accompanied by an imperative to develop a new supply chain paradigm.   Read more

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