3min chapter

The Idealcast with Gene Kim by IT Revolution cover image

Exploring COVID-19 and Just-in-Time Supply Chains, Chaos Engineering, and the Soviet Centrally Planned Economy with Dr. Steve Spear

The Idealcast with Gene Kim by IT Revolution

CHAPTER

The Impact of Just in Time on the Economy

The introduction of just in time strategy, it has been a source of enormous value. Amectric that is commonly cited is called inventory to sales ratio. The figure that caught my attention was that inventory is typically 36 % of total assets, 53 % of current assets. In two thousand three that totals 400 forty nine billion dollars. I have learned so much from this interview, and learning so much from listening to this interview. L i'm not an economist i can give you a precise number, but i would say, first i say, the impact of creating these well tuned, well synchronized, agile, resilient, complex, dynamic systems  has been off the charts.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode