What they don’t teach you about how just-in-time supply chains made the world economy fragile.
Just-in-time (JIT) supply chains have made the world economy fragile by eliminating redundancies and creating a system where any minor disruption can have a cascading, global impact. This model, celebrated for its efficiency and cost-cutting, has prioritized minimizing inventory and maximizing speed, but has done so at the expense of resilience and security. As a result, the global economy...
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