Just-in-time will cost you far more than it will save you. The problem is that when it fails, you judge those failures as "backwards looking one offs" as opposed to a cost that is part and parcel to being JIT.
Factory downtime is the single biggest cost a manufacturing shop can incur. No amount of working capital savings from carrying fewer screws, widgets, and bolts can offset the costs of taking 14 plants down due to penny wise, pound foolish math.
Factory downtime is the single biggest cost a manufacturing shop can incur. No amount of working capital savings from carrying fewer screws, widgets, and bolts can offset the costs of taking 14 plants down due to penny wise, pound foolish math.