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"Just-in-time" manufacturing model challenged by COVID-19

Feb 27, 2020
The model started in the 1970s during the quest for leanness and cost cutting. But it leads to supply chain issues when disasters hit.
Samsung has said its output will be stalled from supply chain problems. Above, a woman wearing a face mask walks past an ad for the Samsung Galaxy Note10 in Seoul on Jan. 30.
Jung Yeon-Je/AFP via Getty Images