Quote from Ndubuisi Ekekwe on May 20, 2020, 9:43 AM

What happens to Just-in-Time supply chain framework? JIT had brought efficiency in the utilization of some factors of production, making it possible that firms do not put resources in dormant states. Yes, you order only when you need it, with no need of excessive storage and redundancy. But a pandemic has dislocated that hyper-efficient system. JIT is not going away but expect more warehouse investments as companies retool models to reduce supply chain risks.

Just-In-Time (JIT) is a very simple idea but one that is essential in modern supply chain management. JIT sets out to cut costs by reducing the amount of goods and materials a firm holds in stock.