Contents
Introduction 2- Lead Time 2
- Role of Lead Time to a Successful Supply Chain Strategy 3
- Conclusion 5
- References 6
Description
Success of the supply chain depends on various aspects, which includes lead time. Lead time is the time taken to complete entire process of getting an order, procuring materials and manufacturing and delivering the products. Lead time is very crucial to supply chain since it enables the organization to bring efficiency in various processes in the supply chain. The report discusses the role of lead time in the supply chain strategy.
