Скачать или смотреть How Do You Calculate Lead Time For Inventory Optimization? - Smart Logistics Network

How Do You Calculate Lead Time For Inventory Optimization? Have you ever wondered how companies manage their inventory to avoid stockouts or excess stock? In this informative video, we'll explain everything you need to know about calculating lead time for inventory optimization. We'll start by defining what lead time is and why it's essential for maintaining an efficient supply chain. You'll learn how to identify the different components that contribute to total lead time, including procurement, production, transportation, customs clearance, order processing, and shelf time. We'll also discuss how to accurately measure each stage and how to add them up to get a complete picture of your supply cycle. Additionally, we'll cover factors that can cause lead times to fluctuate, such as supplier responsiveness, transportation delays, and warehouse efficiency. You'll discover how technology tools like inventory management systems can help monitor these variables in real time, allowing for better planning and decision-making. We’ll also share tips on calculating safety stock to handle variability and ensure consistent product availability. Whether you're a supply chain professional or a business owner, understanding how to determine and manage lead time is vital for improving demand forecasting, inventory control, and overall operational efficiency. Join us for this detailed overview and subscribe to our channel for more insights on logistics and supply chain management.

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About Us: Welcome to the Smart Logistics Network! Our channel is dedicated to demystifying essential concepts in supply chain management, logistics, and transportation. Here, you'll find discussions on inventory management, global supply chains, warehouse operations, last-mile delivery, and sustainable supply chain practices. We strive to make complex topics accessible and engaging, helping you build a foundational understanding of supply chain technology and freight and shipping logistics.