PROMPT: Global supply chain disruption has been a critical issue recently. There are multiple solutions to resolve
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Question:
PROMPT: Global supply chain disruption has been a critical issue recently. There are multiple solutions to resolve the supply chain issues. Of those, redundancy (increasing the level of inventory to respond to the uncertain supply chain issues and global demands) could be one of the options.
QUESTION: How effective is the redundancy strategy for firms in the auto industry that implement JIT (just in time) manufacturing? Is there a more suitable alternative strategy?
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