Japan was ascendant in the 1980s, and since they used Just in Time deliveries, we decided that the way to beat them was to use Just in Time deliveries. The only problem was, Japan’s supply chain was fairly local.
Let us relive some recent history.
Let us visit the New York Real Estate market, the time the Japs were buying up all of that high $$ real Estate
Japan Buys the Center of New York - New York Slimes - Nov. 3 1989
A interesting history of Just in Time deliveries Old mean Henry Ford, he build factories that provided "just in Time" Parts for his assembly plants.
Then the Japs after the war took this policy one step further to improve employment - they SUBCONTRACTED just-in-time to local 3rd parties.
The Koreans have their own version - CHAEBOLS
A chaebol is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority.