Keyword: jic

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  • Amid Shortages and Delays, Industries Question Old Inventory Strategies

    10/31/2021 9:36:46 PM PDT · by lightman · 49 replies
    epoch times ^ | 31 October A.D. 2021 | Rachel Hartman
    Ongoing disruptions in America’s supply chains have prompted manufacturers to review and modify their inventory management systems. Just-in-time (JIT) inventory management, which calls for the right amount of inventory at the right time, has long been the standard. However, just-in-case (JIC), a system which focuses on keeping extra inventory on hand, has recently gained attention. “The question of JIT versus JIC is a question leadership teams the world over are facing,” Billie ‘Akau’ola, a director at Riveron, a national business advisory firm, told The Epoch Times. JIT, which was developed by Japanese firms around the 1970s, has always focused on...
  • Spy chief reveals '20 minute' warning

    08/26/2003 9:48:15 AM PDT · by knighthawk · 4 replies · 229+ views
    icNewcastle ^ | August 26 2003
    The security chief responsible for the Government's controversial dossier on Iraq has described how intelligence indicated that Saddam could deploy weapons of mass destruction in just 20 minutes. John Scarlett, chairman of the Joint Intelligence Committee, was giving evidence to the Hutton Inquiry into the death of Government scientist Dr David Kelly. He described to Lord Hutton how the dossier published last September and used by the Government to make the case for war on Iraq was drawn up. Before it was published, new intelligence came to light suggesting Iraq could deploy the weapons within a maximum of 45 minutes...