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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 lead time. It is also called turnaround time. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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CaroleWoodhead,CEOofHermes intheUK, said: "The locationof the national hub means we are best placed to offer the widest range of services in the shortest lead times to our clients. In this method, pre-hardened steels are machined into the desired shape, which shortens lead times when compared to machining the steel in the annealed condition. The companies that you rely upon to stock your store shelves and keep your product inventories replenished play a key role in your profitability Your ability to negotiate profitable terms with your suppliers and manage consistency in their lead times impacts your cash flow and your competitiveness with large retailers The companies that you rely upon to stock your store shelves and keep your product inventories replenished play a key role in your profitability. |
lead times |
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