Question:
By compressing supplier ............, reducing it from 4 days to one day, less safety stock is needed to safeguard supply. The same applies for the reduction of supplier ............. As suppliers become more reliable (ideally reducing their lead-time variability to zero), a considerably lower safety stock can be held.
Author: liv daAnswer:
By compressing supplier lead-times, reducing it from 4 days to one day, less safety stock is needed to safeguard supply. The same applies for the reduction of supplier uncertainty. As suppliers become more reliable (ideally reducing their lead-time variability to zero), a considerably lower safety stock can be held.
0 / 5 Â (0 ratings)
1 answer(s) in total
Author
liv da