The requirements for the assessment
Many companies have honed their competitive edge by adopting the just-in-time philosophy that involves producing goods to meet demand exactly in time, quality and quantity. But such highly-tuned systems leave manufacturers vulnerable to disruptions in any of the many links in their supply chain. Major storms like Hurricane Sandy and other unexpected natural disaster such as Japanese Tsunami have prompted some companies to rethink the popular just-in-time style of doing business.
Students will be required to write an essay supported with reference to the academic literature that answers the following question:
Critically evaluate: Just In Time, is it still a good strategy?