Just In Time
topic on 3 shows · 3 statements across 3 episodes
the Knowledge Project 
Capital Allocators 
How I Built This
3 statements about Just In Time, every show
Taylor: Switching to single-piece flow assembly saved Taylor Guitars' cash flow
“They move down the line and we've run our company that way. That's how I learned about working capital. That's how I learned about just in time. That's how I learned about, you know, cashflow. So that made all the difference for us. It was a huge, huge thing.”
Just-in-time inventory is a ridiculous operational model for healthcare networks
“Like the COVID was a great example. Like people, the hospitals didn't have enough inventories all run just in time, which is just a ridiculous way to run a healthcare network just in time because in a crisis, you better have some inventory.”
Manufacturers will shift from just-in-time toward just-in-case inventory
“We do feel that the parts that are used to manufacture the end product will get more robust, and perhaps companies are thinking they went a little too far down the just-in-time spectrum. And they need to be a little further on the just-in-case spectrum as well…”