This is the detail of what just-in-time is in manufacturing today.
One hours worth of stock.
Wow.
Honda UK telling MPs it imports 2 million components a day from Europe on 350 trucks and holds 1 hours worth of stock. It would take 18 months to put customs admin in place but every 15 minutes of delay would cost £850,000 a hour. That’s not including WTO tariffs of 10% and 4.5%.
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