Just in time: why we keep running out of everything | It’s Complicated

The global supply chain seems to be in a perpetual state of crisis. Whether its groceries, petrol or micro-chips for electric vehicles, everything just keeps running out. But why does it keep happening? Subscribe to The Guardian on YouTube ► The crux of the matter lies in the way our global supply chain works, and how companies have come to rely on a unique system of efficiency, dubbed ’just in time’, which developed in Japan in the late 1960s and early 70s. Josh Toussaint-Strauss explores how the prevalence of just in time supply systems are contributing to a global supply chain crisis The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► Website ► Facebook ► Twitter ► Instagram ► #supplychain #itscomplicated #economics