Just-in-time Production Meets Consumers’ Changing Needs
Emerging Technology
As consumers' needs change, so does production. Just-in-time production is a method that has evolved to meet these changes. Listen to this episode to learn more about this technology and how it can benefit you.
As businesses and industries have shifted to an ever-changing landscape, so has the way consumers consume products. Mass-market players have begun to follow suit, aiming to respond more rapidly to trends and consumer demand. The result is likely to be a rise in just-in-time production, reduced levels of overstock, and an increase in the importance of small-batch production cycles. Design and production are typically a long and cumbersome process, sometimes requiring nearly a year to plan and move products to market. Technology, analytics, and nearshoring are part of the solution, enabling companies to respond quickly to source and develop products, squeeze production timelines, and streamline distribution.
Just-in-time Production Meets Consumers’ Changing Needs
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