‘Just In Time’ Ran Itself Out?

“It’s sort of like supply chain run amok…In a race to get to the lowest cost, I have concentrated my risk. We are at the logical conclusion of all that” said Willy C. Shih, an international trade expert at Harvard Business School as mentioned in a recent piece published by the New York Times (How the World Ran Out of Everything; Peter S. Brookman & Chokshi).