It just goes to show that JIT doesn't work for all parts from all suppliers - and that's ALWAYS been true. That fact doesn't mean that Toyota is “retreating” from JIT. “ Toyota Motor Corp. is stockpiling up to four months of some parts.” The Journal confuses real JIT (flow and local suppliers that result in low inventory) with the result or goal of low inventory. But, the media often thinks ALL deliveries to auto plants (even from China) should be labeled “just in time.” They're missing the details and they're mislabeling some of what automakers do as the general practice of JIT.Ĭase in point, yet another article from the WSJ that gets it wrong (as I've been cataloging for over 15 years on this blog): Auto Makers Retreat From 50 Years of ‘Just in Time' Manufacturing Pressured by pandemic, the hyperefficient supply-chain model pioneered by Toyota is under assault There are times when the automakers need to deviate from the JIT ideal. As we've seen in the news recently, computer chips increasingly come from China and that means longer, less predictable supply chains. Sometimes a special component only comes from a plant in Japan. Now, there are times when there are exceptions to the local supplier ideal. Just in Time should not bring to mind images of container ships and train cars. “…the “Just-in-Time” concept, in which each process produces only what is needed for the next process in a continuous flow.”Ī literal slow boat from China is not “continuous flow.” When you have such long distances, you have to guess what is needed instead of being able to product and ship only what is needed. The default is NOT shipping parts across the country or halfway around the world, from China or elsewhere. Having local suppliers allows for FREQUENT deliveries, in small quantities - what is needed, when it's needed. Many of these key suppliers are basically in the same building as the assembly line… with a bit of a demarkation. If you visit, for example, the Toyota factory in San Antonio, they have at least 18 ON-SITE suppliers. Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel.This image - a huge container ship coming from a far-off land - does NOT represent the Lean and Toyota Production System notion of “Just in Time.” You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
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