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Lead Time

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Lead Time
In supply chain management, the amount of time between a supplier receiving an order and its delivery to the distributor or customer. This is important for both custom-made products and mass production, and suppliers are expected to know the lead times for their different products. It is particularly important for just-in-time supply chains, in which each step in the supply chain is expected to know precise turnaround time.


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These approved vendors require a lead time to construct these non-stocked tire cages, which aren't cheap.
The 16,500 square meter facility, expected to start operations in February 2007, will allow Tung Yu to double its production capacity and help reduce lead time to customers.
The new system will feature database of the product as well as statistical analysis which will reduce lead time in product recalls.
 
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