Radical thinking - just in time
September 21 2009, 5:29 AM
A person in business may feel uneasy about survival in this competitive society without keeping some inventories of raw materials, work-in-process and products.
This type of hoarding however is no longer practical. Industrial society must develop the courage, or rather the common sense, to procure only what is needed when it is needed and in the amount needed.
This type of hoarding however is no longer practical. Industrial society must develop the courage, or rather the common sense, to procure only what is needed when it is needed and in the amount needed.