'It isn’t happening in a vacuum. It is happening as he faced the possibility of an indictment from the Manhattan DA'
Viewers embraced her unglamorous character — and so did she.In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In Time manufacturing, in which parts are delivered to factories right as they are required, minimizing the need to stockpile them. Over the past half-century, this approach has captivated global business in industries far beyond autos.
“Companies that run successful lean programs not only save money in warehouse operations but enjoy more flexibility,” declared a 2010 McKinsey presentation for the pharmaceutical industry. It promised savings of up to 50% on warehousing if clients embraced its “lean and mean” approach to supply chains. Such claims have panned out. Still, one of the authors of that presentation, Knut Alicke, a McKinsey partner based in Germany, now says the corporate world exceeded prudence.
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