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For years, the Just In Time (“JIT”) strategy was seen as the ideal model for electronic components.  Then the world got complicated in ways no-one saw coming, with COVID lockdowns, international trade tensions between the US and China, and the Ukraine war.  The lack of resilience in JIT became a major problem.  Major motor manufacturers had to shut their production lines, due to lack of components.  This led to a new strategy, Just In Case (“JIC”), to replace JIT .


Most companies that purchase electronic components are find that shortages are becoming more and more common, just as more industry sectors become reliant on those components. Here’s why. (more…)