The technology might also give birth to true just-in-time manufacturing for some businesses.
He likens the result to just-in-time manufacturing.
In a business world that is increasingly computerized and networked, there could be effects on everything from programmed stock trading to just-in-time manufacturing to meeting schedules.
You get things there faster, you have just-in-time manufacturing.
Diesel is in big demand, too, because of the economy and a shift to just-in-time manufacturing that has helped create a boom in trucking.
One driving force has been the growing popularity of "just-in-time" manufacturing, a technique that relies on suppliers to deliver materials as they are needed.
Today, many of them run on leaner inventories or postpone ordering until supplies are ready to be used - so-called just-in-time manufacturing.
Compared with their situation a decade ago, he said, the companies are "much more streamlined, with something approaching just-in-time manufacturing."
It's all about executing the business plan efficiently today - just-in-time manufacturing and inventory turns.
The success of this program contributed directly to just-in-time manufacturing which is part of the Toyota Production System.
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