‘Just in Time’ logistics v ‘Just in Case’ logistics
These are essentially inventory strategies.
Just in Case: traditionally used across the world by armed forces. The method which sees stock piling (especially spares and ammunition) so that ...
Just in Time: increasingly adopted by European militaries as a way of reducing costs through much lower inventories...
But, does cost and a desire to streamline and emulate ....
Can industry cope with unpredictable demand?
In a time of static defence budgets and increasing costs is this the price to be paid
Or does an increasing peer threat mean that we have to stock-pile?