One inherent risk to using just-in-time philosophy is that companies are at higher risk of inventory shortage during volatile times such as strikes, weather, etc. than the traditional philosophy.

Question

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Just-in-time philosophy relies on having inventory delivered right when it is needed, which means there is little to no excess inventory on hand as a buffer. This makes the company more vulnerable to unexpected events that can disrupt the supply chain and cause inventory shortages. In contrast, the traditional philosophy typically has more safety stock or buffer inventory, which can help mitigate the risk of shortages during volatile times.

One Inherent Risk to Using Just-In-Time Philosophy Is That Companies