
246 - The Future of Biofuel
The Business of Agriculture Podcast
00:00
Just in Time Economy - Just in Time Economy
Just in time economy is a japanese manufacturing concept from the eighties and nineties. The idea of that why warehouse stuff? Why inventory stuff? Why have excess goods on hand? Get exactly what you need right when you need it, therefore your money's not tied up,. That was the whole just ind time thing. We saw that it didn't work really well on food supplies When all a sudden meat plants were shut down and a inventory got really skinny. You talk about that with fuel. Just intime economy made it so that we weren't refining as much fuel, cause we just were doing it more'n adjusting time.
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