Just in time economy becoming a problem.

You will have to forgive me as I do not recall who it was exactly that noted how big of a problem this is where the current economic issues are concerned. I did hit like but I saw no one else even comment on it.

People want to blame all of our problems on politicians and it's not that they don't deserve a lot of blame for lots of things but it was business that instituted "just in time". Just in time was one thing that led me to get things in order so I could retire early a few years ago.

Bloomberg - Are you a robot?
A little history for you....
See: A review of “kanban”—the Japanese “Just-In-Time” production system
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The problem is not TIT (Kanban) is is how China has created the problem by shipping to mainly side of America, that being California, while ignoring the many port opportunities on the Atlantic side of America. Had they distributed their shipping to other areas this would not have happened. Surely the erudite Joey Xi Bai Dung and his appointed sycophants should have known this, yet failed to do anything about it.
Juts another Bai Dung failure of governing and government. He's become a "Clear and Present Danger" to America and it's allies....
 
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The issue with JIT supply chains is that timing is key to its success. Hence, the name.

The models for this were created and developed out of the necessity of trying to reduce the extreme tax burden that the left has put on businesses. Taxation of large inventories at the end of Fiscal Years demands that a business that creates things, keep its operation as lean as possible. You can learn about it by searching the concept of Lean Six Sigma. To keep productivity and manufacturing at a level to meet the demands of a large population, JIT supply chains are a survival nessecity.

Knowing all that, who would think that the government would be so fucking stupid as to shut down a 4 trillion dollar economy and disrupt the carefully balanced flow of raw materials?

When the economy was shut down, in an effort to meet demand, manufacturers continued to make products until their reserve of raw material was depleted.

Couple that with the fact that the people who supply those raw materials are now in the same boat, and you begin to see the delemma.

Companies can't hire back employees until they can create things, they can't create things until the supply chains are at least partially returned to the normal flow. In additon, there are people who supply these chains who are not returning to work.

It comes down to a catch 22. You can't make a widget without the material the widget is made of, but the people who mine the widget material can't start mining until they get the necessary supplies for their process.

Top it off with high paid lazy fucks in our ports who are playing games, and it is no wonder we have the problems we have.

The JIT supply model works very well and it is the most efficient model to service 8 billion people.

As long as you don't cut the engine driving it.

THAT is how the government fucked this all up.


The taxes crossed many different administrations all who spent, spent, spent.
 
The taxes crossed many different administrations all who spent, spent, spent.
So, now you are off-topic. Some fight for taxation increase, others for its reduction, neither delivers. Yet, businesses have to protect themselves, regardless.

The purpose of JIT is its efficiency as well as cost-lowering effects. It is actually a very elegant system when it's up and running.
 
You will have to forgive me as I do not recall who it was exactly that noted how big of a problem this is where the current economic issues are concerned. I did hit like but I saw no one else even comment on it.

People want to blame all of our problems on politicians and it's not that they don't deserve a lot of blame for lots of things but it was business that instituted "just in time". Just in time was one thing that led me to get things in order so I could retire early a few years ago.

Bloomberg - Are you a robot?

Thanks for your post. This is a huge problem right now.
 
So, now you are off-topic. Some fight for taxation increase, others for its reduction, neither delivers. Yet, businesses have to protect themselves, regardless.

The purpose of JIT is its efficiency as well as cost-lowering effects. It is actually a very elegant system when it's up and running.

Me? I didn't bring it up. I replied to it. It was a very inefficient program. It created far more waste in our situation and I can't imagine we were alone.
 
Surely the erudite Joey Xi Bai Dung and his appointed sycophants should have known this, yet failed to do anything about it.
Juts another Bai Dung failure of governing and government. He's become a "Clear and Present Danger" to America and it's allies....

why didn't you god do anything about it during his 4 years in office?

Not to mention, just how do you propose the Fed Govt fix this?
 
Me? I didn't bring it up. I replied to it. It was a very inefficient program. It created far more waste in our situation and I can't imagine we were alone.
There is nothing inefficient about JIT. Compared to the old system in which businesses had to try and call the climate on how much supply they had to output vs how much material they had to warehouse. Businesses more or less called it wrong often.
 
There is nothing inefficient about JIT. Compared to the old system in which businesses had to try and call the climate on how much supply they had to output vs how much material they had to warehouse. Businesses more or less called it wrong often.

When in the past did we have empty shelves?
 
why didn't you god do anything about it during his 4 years in office?

Not to mention, just how do you propose the Fed Govt fix this?


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non sequitur much?
 
Only as long as the theoretical models work as they are supposed to in theory. As we see often, they do not.

Right now, the cost of energy is a huge component of the mix. China has been scaling back production in its most energy consuming industries because it is too expensive to feed the electrons and compete in price.
 
The articles note that Trump sucked at fulfilling his promises. Now for those who complain that this is about saving taxes on inventory, nothing was done about that either.
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However, under Joey Xi Bai Dung they agreement has been discarded....
 

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