Money & Business
Volkswagen scandal will send costly ripples through auto industry
...management (SCM) includes just in time (JIT) delivery of parts to the auto manufacturers. A company like VW also buys the majority of each part from a single supplier. Common sense (and a popular cliche) has long dictated that when faced with uncertainty, you “don’t put all your eggs in one basket.” The auto industry’s mantra, in light of SCM and JIT, might be...