Not sure how that quite fits, but ok, that’s an opinion too.
Why dedicate the money to purchase, and the space to store. Those carrying costs can be as high as 20% of the value per year. Cheaper and more cost effective to loot.
Generally JIT is a disaster for most businesses (your vendors get more influence over your business than you think)...
You can see where JIT leads to a competition downward. The vendor can/will ship you junk, you have no alternative but to use it because you have no CYA inventory, so you stretch payment to “net 60”, and round and round it goes.
Bigbob got it. see #29