Search Results for 'Spanish forest'
1 results found.
In the late 1980s a number of innovative ideas were introduced to industry and business, that cleared the runway for the Celtic Tiger take off. The one that made great sense, and had an energy about it, was the inventory strategy known as just-in-time. A Japanese idea that spread through Europe like a Spanish forest fire in a heat wave. Instead of stockpiling raw products for manufacture or for sale (with all the attendant headaches of storage costs, temperature, accounting, etc, etc,) the management skill was to wait until stocks were low, and then pick up the phone and make sure your supplier gave you exactly what you needed at the right time, in the right place, and the exact amount just-in-time. Suddenly, everyone was doing it. Suppliers were kept on their toes, trucks delivered through the night, and a bit of excitement was injected into the work place.