The chaos in supply chains has manufacturers clamoring for storage space to keep contingency inventory—in other words, the reverse of JIT. The new mania is for “just-in-case” inventories. Welcome to the 1970s.
TOKYO—Toyota has resumed operations at all vehicle assembly and parts plants in Japan after its longest domestic production suspension since the March 2011 earthquake and tsunami.
TOKYO—Toyota Motor Corp. will suspend vehicle production in Japan for six days this month due to a shortage of parts. The shortage stems from a Jan. 8 explosion at an Aichi Steel Corp. manufacturing plant.
DETROIT—A protracted labor dispute that slowed the shipment of products through ports on the West Coast has forced some West Michigan manufacturers to rethink their just-in-time production model.
