Question: Subject = Inventory vs Just - In - Time: We learned from the case that Toyota has led the automotive ( and some might argue

Subject = Inventory vs Just-In-Time: We learned from the case that Toyota has led the
automotive (and some might argue manufacturing in general) in efficiency through the Toyota
Way or the Toyota Production System, and that a significant component(s) of this advantage is
their Just-in-Time process. We also see three data points in 9/11,2011, and 2021 where they
have experienced shortages.
Does Toyota have an actual advantage (pros outweigh the cons) in their
nontraditional JIT over inventory position?
Considering the 1,500 components they stocked after the events of 2011, how
could they determine an appropriate amount of inventory or insulate themselves
from shortages?
What happened, and why didnt this work in 2021 or did it?
What will be the Poka-yoke that you think Toyota will implement coming out of
this 2021 crisis (what would you do)?

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