Don’t abandon your just-in-time supply chain, revamp it
ASU supply chain expert urges businesses to re-think in-time supply chains.
In this article published Oct. 20, 2022, in Harvard Business Review:
These [supply chain] disruptions are tempting companies to throw out JIT and revert to “just-in-case” systems that maintain lots of inventory at various locations in the global supply chain to ensure business continuity. That would be a mistake. JIT remains the most efficient production system.
– Thomas Choi, AT&T Professor of supply chain management
Latest news
- Musical instruments would get more expensive under Trump's tariffs
Increased prices could limit who learns to play an instrument, says an ASU supply chain expert…
- Why wealthy Americans work
An ASU economist's research shows that the affluent don't work for more stuff, but for better…
- ’Big league’ or big illusion? Study calls time on splashy stock market anomalies
In his latest research, an ASU professor invents a stock market anomaly to expose the shaky…