what is lead time in supply chain management

Question Posted / shahzadullah

1 Answers
5650 Views
I also Faced
E-Mail Answers

what is lead time in supply chain management..

Lead time in SCM refers to the amount of time elasped between the order and delivery of a product.For a manufacturing company,the difference between the time when it orders any raw material or subassemblies from a supplier for manufacturing its products and the time when it actually receives these supplies would constitute the lead time.Lead times are usually of order of weeks or months in manufacturing,that's why manufacturing firms have to plan for production schedule keeping in view the lead times for raw materials or subassemblies or constituent parts(automotive parts)as not accounting for lead times can have an adverse effect on the ability of a firm to deliver their manufactured products on time to their customers.

Is This Answer Correct ?

9 Yes

2 No

Post New Answer

More Business Administration Interview Questions

What Is Inflation?

4 Answers

. How do you analyse Inventory Shrinkages?

0 Answers

what will be salery for a per who complet bba in a university

0 Answers eSeva,

In share Market Many Companies Share Prises goes up and goes down. Is an effect made on company? or any changes came in the company?

3 Answers

Explain the potential for growth in a business.

0 Answers

Why do you want to do MBA??

3 Answers HSBC,

what is ur outlook in life???

0 Answers Federal Bank,

Why do you wish to go for a management career? What alternative career you are considering and why? Describe your strengths and weaknesses as identified by you? What is the most significant achievement so far?

2 Answers Fullerton, ICICI, IIM,

what is the difference between management and administration?

5 Answers PZ Cussons,

who is assessor and assessee ????

1 Answers IPCC,

What is Affinium Campaign? And behavior analysis on Affinium Campaign?

1 Answers

What is the system approach to management? Explain the salient features of this approach? Describe various managerial skills briefly. Discuss the roles these skills could play in building an institution? Discuss the roles these skills could play in building an institution

0 Answers

For more Business Administration Interview Questions Click Here