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Utilisation and Optimisation of Lead Time: Background: Research Methodology: Analysis

The document discusses ways to optimize lead time in order to reduce costs and improve customer satisfaction. It analyzes the causes of delays in lead time, finding that 70-80% are due to pre-production activities like late vendor submissions, approvals, and costing exercises. Streamlining pre-production processes through better planning and scheduling could minimize delays that propagate throughout other stages. The objective is to standardize workflows to sample, design, and produce products more quickly and efficiently.

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Kumar Vinit
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39 views

Utilisation and Optimisation of Lead Time: Background: Research Methodology: Analysis

The document discusses ways to optimize lead time in order to reduce costs and improve customer satisfaction. It analyzes the causes of delays in lead time, finding that 70-80% are due to pre-production activities like late vendor submissions, approvals, and costing exercises. Streamlining pre-production processes through better planning and scheduling could minimize delays that propagate throughout other stages. The objective is to standardize workflows to sample, design, and produce products more quickly and efficiently.

Uploaded by

Kumar Vinit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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UTILISATION AND OPTIMISATION OF LEAD TIME

Background: Research Methodology: Analysis:


From the diagnosis of problem
Lead time begins with the first there were possible reasons for
receipt of a customer order and Literature Review delay in lead time and loopholes
ends with customer receipt of in lead time.
the product or service. The The possible reasons for delay in
more time invested in a lead time were
product or service, the more Phase 1: Diagnosis Phase: • Late submission from
money is involved. vendors
Problem identified by
• Late approvals from the
allows a company to bring shipment delay of styles
buyer
products to the market sooner, • Costing exercises
react quicker to necessary • Rejection of the samples
changes, respond to Root cause analysis of the
• Follow up practises
market/customer demand in a problem
timely manner
• Communication gaps
All of this suggests that • Transportation
reduced lead time can equate
to money in a company's Identification of possible
Conclusion:
revenue • About 70 – 80% of the
solutions
overall delay in lead times is
Objective: caused by pre-production
• To reduce the time activities and remaining at
taken in sampling. the production stage.
• To make the work flow Design and development
of the possible solution
easier. • The delay in one process
• To streamline and affects another process and
standardise the if things are not in favour,
process. the delay keeps on passing
• To save time and thus to other processes and
use in production Implementation and results ultimately there is a delay in
the delivery time and that is
the reason of increased lead
time.
• Therefore more emphasis
Keywords: (preferably 5) should be given to the
Lead time, Rejection percentage, Approvals, planning and scheduling of
Pre Production Process, Shipment Delays the pre-production activities
as these are the activities
which are main sources of
delay.

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