Is just-in-time inventory still effective despite pandemic risks?
I've spent eight years in logistics, and I still get frustrated when someone suggests that just-in-time inventory is an outdated model. Yes, the pandemic exposed its fragility, but the data shows that warehouses operating with lean stock had 23% lower holding costs last year. The real problem isn't just-in-time itself; it's that most companies never built the risk sensors to detect disruptions early enough. Should we really abandon a system that saved billions because a minority of firms cut corners on resilience?