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>
37 lines
1.4 KiB
Markdown
37 lines
1.4 KiB
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-22 source=capital-and-inventory -->
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# Just-in-Time Inventory
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## Definition
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A capital management practice in which goods are received from suppliers
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only as they are needed for production or fulfilment, minimising the
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stock held at any moment. JIT eliminates inventory as a buffer by
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replacing it with reliable process coordination — synchronised production
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schedules, short lead times, and high-frequency deliveries. The capital
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released from inventory reduction is the primary financial justification.
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## Source
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Capital and Inventory in Supply Chain Management, §Just-in-Time Inventory
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## Supply Chain Domain
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Capital Management
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## VSM Assignment
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S3 — JIT is a management-level decision about how to deploy circulating
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capital. It sets the policy for inventory levels (near-zero) and enforces
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that policy through supplier relationship design and production scheduling.
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## WoN Concept
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Circulating Capital — Smith distinguishes circulating capital (consumed
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and replaced each productive cycle) from fixed capital (durable). JIT is
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an explicit strategy to minimise the circulating capital locked in
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inventory at any moment, accelerating the velocity of the capital cycle.
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The faster capital circulates, the greater the productive output per unit
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of capital stock — precisely Smith's argument for keeping circulating
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capital in motion rather than idle.
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