Lead Times: How to Model, Evaluate, Reduce, and Stabilize

This article discusses how inventory planners can cope with variable lead times. I will first illustrate the fundamental problem using dice. We will then highlight practices to evaluate, reduce, and stabilize lead times.

The current shortage of shipping containers is putting supply chains around the globe under pressure as lead times increase and become less reliable. Dealing with long…



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Nicolas Vandeput

Consultant, Trainer, Author: 📙Data Science & Forecasting, 📘Inventory Optimization linkedin.com/in/vandeputnicolas 👍Tip: hold down the Clap icon for up x50