The concept of «Just-in-Time» was pioneered in the manufacturing supply chain as a critical way to reduce costs by minimizing inventory. Implementing a just-in-time system that can handle unexpected demand is not a trivial undertaking. It requires the confluence of a number of disciplines such as analytics, statistics, sourcing, procurement, production management, brokerage and economics.
An interesting new idea is to take this concept pioneered in manufacturing and apply it to Information Technology resources. Doing this can provide an effective way to meet dynamically changing needs while minimizing the inventory of unused IT resources across a set of cloud services platform and providers.