OGM says it has introduced an innovative new service to reduce the lead-time
for producing mould tooling by up to 50% - the new Rapid Production Mould Tools (RPMT) service will help both to compress lead-times
and enhance still further the quality and finish of most types of mould tool inserts.
We suppose that lead-time
L, the time between placing and receiving an order is constant.
However, our results show that its accuracy is undermined by bimodal skewed lead-time
distributions, especially when lower bounds are nonzero.
Olsen, "Near-optimal dynamic lead-time
quotation and scheduling under convex-concave customer delay costs," Operations Research, vol.
reduction: the search for competitive advantage," International Journal of Operations and Production Management, vol.
Responding to customer demand, Rapid Sheet Metal purchased new equipment and reconfigured its factory to make possible this lead-time
reduction from a standard 7 day lead time.
The key to managing by theoretical minimums is to understand how to decompose lead-time
into two buckets.
Displaying information swiftly helps Team Plastique anticipate variability and increase production lead-time
Precious metals company Midway Gold Corp (MDW:TSX) (MDW:NYSE) said on Thursday that it has completed an order with EPC Services Company to design, supply and install the substation and site power distribution for the Pan gold project in Nevada under its long lead-time
As a stock position, they allow demand to accumulate (the stock position drains) but allow the customers represented by those demand signals to be serviced on demand without incurring the lead-time
penalty of the processes in front of the decoupling point.
Three of the main drivers of this change in demand seem to be lead-time
and freight costs, quality controls and accountability, and packaging sustainability.