1. Just-In_Time
When an automotive supplier misses a just-in-time delivery and shuts down a multimillion-dollar production line, there is often a hefty penalty. ... Supply manufacturers and their supplier partners realize the relationship must go deeper than penalties and "us-vs. ... Indiana and Illinois were like an Arctic wasteland, and suppliers had no way to ship parts to Kentucky. ... The precise forecasts allowed Toyota to juggle routes and stockpile parts before the storm hit. ... Today in North America, automakers and suppliers embrace JIT and lean manufacturing. ...
- Word Count: 1522
- Approx Pages: 6
- Grade Level: High School