Comment on More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Can you elaborate on this? Just In Time delivery? Is this a US thing?
Yeah, put super simply:
Minimize needed actual storage space and time a thing spenda in storage… by relying on very frequent and consistent logistics.
Its very efficient in the sense of minimizing operating costs…
But it is also extremely fragile, a minor perturbation can fuck shit up for weeks or months.
… And we are getting… well basically the most major disruption in the history of JIT as a logistics paradigm.
Really thought we would have learned that JIT is a horrible strategy after covid… That was only a few years ago…
America follows Seinfeld rules:
No hugging.
No learning.
sp3ctr4l@lemmy.dbzer0.com 2 days ago
Yeah, put super simply:
Minimize needed actual storage space and time a thing spenda in storage… by relying on very frequent and consistent logistics.
Its very efficient in the sense of minimizing operating costs…
But it is also extremely fragile, a minor perturbation can fuck shit up for weeks or months.
… And we are getting… well basically the most major disruption in the history of JIT as a logistics paradigm.
hazeydreams@lemmy.ca 2 days ago
Really thought we would have learned that JIT is a horrible strategy after covid… That was only a few years ago…
sp3ctr4l@lemmy.dbzer0.com 1 day ago
America follows Seinfeld rules:
No hugging.
No learning.