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  • Lead Time

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    Lead time refers to the total time it takes to produce and deliver a product or service. It includes the time for procurement, manufacturing, and transportation. Reducing lead times can improve customer satisfaction and cash flow by getting products to customers faster. Strategies to shorten lead times include reducing process steps, improving material flow, increasing inventory visibility, and collaborating across departments.

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    Lead time

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    Lead time refers to the total time it takes to produce and deliver a product or service. It includes the time for procurement, manufacturing, and transportation. Reducing lead times can improve customer satisfaction and cash flow by getting products to customers faster. Strategies to shorten lead times include reducing process steps, improving material flow, increasing inventory visibility, and collaborating across departments.

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    4 views1 page

    Lead Time

    Uploaded by

    devanshi
    Lead time refers to the total time it takes to produce and deliver a product or service. It includes the time for procurement, manufacturing, and transportation. Reducing lead times can improve customer satisfaction and cash flow by getting products to customers faster. Strategies to shorten lead times include reducing process steps, improving material flow, increasing inventory visibility, and collaborating across departments.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    Lead Time: Definition, How it Works, and Example (investopedia.

    com)

    Seven Strategies that Shorten Lead Time | RIS News

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