Womack Wants To Clear The Record On JIT

0

IndustryWeek Column

Here is the original article in question, from the Wall St Journal. The article did a little fear mongering, as the WSJ seems to do about once a year, about risks of “just in time” inventory practices.

Womack is right to point out that, even in a JIT system, that safety stocks or “emergency stocks” are required to protect against normal demand variations. For vaccines and drugs designed to protect us against bio-terror attacks, thankfully the demand for these is very “spiky”, if it's ever going to be needed.

Here is my exclusive 5 part Q&A with Jim Womack from late 2005.

Please check out my main blog page at www.leanblog.org

The RSS feed content you are reading is copyrighted by the author, Mark Graban.

, , , on the author's copyright.

What do you think? Scroll down to comment or share your thoughts and the post on social media. Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.

close

Get New Posts Sent To You

Leave A Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.