You name the catastrophe, and JIT has been through it and survived. Toyota Moto Corporation has had
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1. If you are Mr. Folley, looking over the devastation at the Oxford plant, what do you do to keep Caterpillar’s worldwide production running?
2. Given the inherent risk in JIT and the trauma that the companies have experienced, why has JIT survived?
3. What do these experiences, and the continuing popularity of JIT, tell you about just-in-time?
4. What actions or changes in policy do you suggest for Caterpillar?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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