Files
markitect-main/examples/supply-chain-vsm/output/entities/just-in-time-inventory.md
tegwick 574bb11db6 feat(example): add supply-chain-vsm composition demo (S3.5)
Demonstrates infospace composition: the Wealth of Nations infospace is
used as a discipline, applying Smith's economic framework as a lens to
analyse modern supply chain management concepts.

New example: examples/supply-chain-vsm/
- infospace.yaml binding WoN as discipline (../infospace-with-history)
- 3 source documents: coordination mechanisms, capital & inventory,
  market structure (~400 words each, original content)
- supply-chain-entity-schema-v1.0.md with WoN Concept required section
- won-mapping-schema-v1.0.md with Conceptual Continuity rating
- artifacts/won-reference/core-entities.md — 12 curated WoN entities
  for injection as discipline context
- 8 hand-crafted entity files demonstrating LLM output format
- 3 mapping files with full rationale and VSM inheritance chains
- Viable: YES (5/5 thresholds)

Key mappings demonstrated:
  Demand Signal          → Effectual Demand        (Strong, S2)
  Vendor-Managed Inventory → Division of Labour    (Strong, S1/S2)
  Just-in-Time Inventory → Circulating Capital     (Strong, S1/S3)
  Bullwhip Effect        → Natural Price           (Moderate, S2)
  Platform Intermediary  → Merchant Capital        (Strong, S2/S4)
  Monopsony Power        → Combination of Masters  (Strong, S3*)

Platform fix: entity_parser.py now recognises ## Supply Chain Domain
as a domain alias for ## Economic Domain, enabling composed infospaces
to use their own domain section name.

Tutorial §13 rewritten with real commands, real output, and the full
mapping table from the demo.

Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>
2026-02-23 00:08:51 +01:00

1.4 KiB

Just-in-Time Inventory

Definition

A capital management practice in which goods are received from suppliers only as they are needed for production or fulfilment, minimising the stock held at any moment. JIT eliminates inventory as a buffer by replacing it with reliable process coordination — synchronised production schedules, short lead times, and high-frequency deliveries. The capital released from inventory reduction is the primary financial justification.

Source

Capital and Inventory in Supply Chain Management, §Just-in-Time Inventory

Supply Chain Domain

Capital Management

VSM Assignment

S3 — JIT is a management-level decision about how to deploy circulating capital. It sets the policy for inventory levels (near-zero) and enforces that policy through supplier relationship design and production scheduling.

WoN Concept

Circulating Capital — Smith distinguishes circulating capital (consumed and replaced each productive cycle) from fixed capital (durable). JIT is an explicit strategy to minimise the circulating capital locked in inventory at any moment, accelerating the velocity of the capital cycle. The faster capital circulates, the greater the productive output per unit of capital stock — precisely Smith's argument for keeping circulating capital in motion rather than idle.