A note from Daniel

Just-in-time manufacturing—where companies don't stock the parts they need to build products, relying instead on last-minute shipments of components—was the epitome of efficient operations over the last twenty years. The irony is deep: In 2022, during one of the biggest consumer spending booms in history, car companies had to shut down factories because they were short on chips, brakes, and paint. They had no room for error. Business's goal was no room for error—and it completely backfired. A little inefficiency across the whole supply chain would have been the sweet spot. Room for error is often viewed as a cost, an anchor, an inefficiency. But in the long run it can have some of the highest payoffs imaginable.

Daniel Same As Ever, page 133 · January 12, 2024 Save to shelf
Notes like this take four seconds in Booksense. Scan the paragraph, it lands on the right page, and comes back for review later. Take your first note

More from readers of Same As Ever

Daniel p. 201
Daniel p. 199

More from Daniel

See their profile

Stop losing the best parts of what you read.

Booksense pushes your highlights back to you for review, so a note from page 174 is still yours a year later. Free on iOS.

Daniel on Booksense 5,999 notes 387 hours of reading