The JIT Sky Didn’t Fall
What do the Chicken Littles at the WSJ have to say now? After the earthquake in Japan last week, the WSJ ran a predictable story about how JIT “backfired” on Toyota. They are back up and running. Their plan is to make up lost production over the course of the year through OT. I'm sure that's still cheaper (and better for quality) than having held large inventory stocks to protect them from a rare catastrophic event.
Toyota Motor Corp. said it will operate at all of its domestic factories on Wednesday after it had resumed partial production at some of its car assembly factories on Tuesday.
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.
- Jody Crane, MD: Lean in Emergency Medicine and Hospitals; 3 Big Issues Causing Tough Times in Healthcare - February 1, 2023
- Alternative History: GM Uses Lean to Remain #1 in the Auto Industry - January 31, 2023
- Fall in Love with the Problem, not the Solution: In Entrepreneurship and Continuous Improvement - January 29, 2023