> The alternative is forcing some slack in the supply chain but that comes at a significant cost to consumers.
I’m amused by this comment.
You think the squeeze and now the glut didn’t come at a significant cost to consumers and the economy as a whole?
It seems pretty clear after the massive failure at the start of the pandemic that just-in-time went too far and there is not enough slack in the supply chain at all level. Even from a purely systemic look, the wild oscillation we see right now should be proof enough that the system is significantly under-dampened.
I’m amused by this comment.
You think the squeeze and now the glut didn’t come at a significant cost to consumers and the economy as a whole?
It seems pretty clear after the massive failure at the start of the pandemic that just-in-time went too far and there is not enough slack in the supply chain at all level. Even from a purely systemic look, the wild oscillation we see right now should be proof enough that the system is significantly under-dampened.