Supply Chain Lead Time: How to Track & Optimize (calculation & example in Excel)

Download the Lead Time Calculation in Excel here: https://abcsupplychain.com/download-e...

Join my Inventory Management WORKSHOP (free): https://abcsupplychain.com/inventory-...

How efficient is your supply chain lead time? 🚀⏱️
Here are the 8 classic mistakes most of us end up making 🙅‍♂️❌:

We don't even track our lead time
We trust our transporter/supplier contract lead time
We only focus on our transport lead time
We never update our lead time in our ERP/WMS/Excel
We trust too much our IT lead time
We don't consider outliers (extreme values)
We only care about the average lead time
We want to reduce the lead time before stabilizing

The consequences :
-Poor visibility 👀
-Poor customer service 😤
-Overstock 📦
-Stockouts 🧻
-Low profits 📉
-And a lot of stress 😓

I bet you fell into at least one of the above (like me) 😜

Don't worry; I've got you covered!

In my new Step-by-Step YouTube tutorial, I explain to you in simple terms how to master & improve it by reviewing your:

Review period lead time 🔄
IT confirmation lead time 💻
Production lead time 🏭
Shipping lead time 🚢
Waiting time ⏱️
International Transport lead time 🛫
Customs Clearance lead time 📝
Warehouse Lead Time 📦
Local Transport lead time 🚚
Reception lead time 🤗

As always, you can download an Excel example to start tracking lead time immediately with your company 🚀

Enjoy this video, and let me know how you track, stabilize and improve your lead time ❓🙋‍♂️.

▬▬▬▬▬▬▬▬▬▬▬ CHAPTERS ▬▬▬▬▬▬▬▬▬▬▬▬

0:00 Intro
0:48 Consequences of bad lead time
2:00 Classic Lead time mistakes
3:23 Lead time meaning
4:37 Review Period Lead time
5:11 IT confirmation Lead time
5:39 Production / Manufacturing lead time
7:00 Waiting Time
7:26 Shipping lead time & custom clearance
7:41 Warehouse lead time
8:32 Local Delivery lead time
9:06 Excel Tutorial
10:00 Contract & Real Delivery Date
10:50 Contract & Real Lead time
13:00 Lead Time Chart
14:30 IT Lead Time Reliability & Outliers
16:09 Lead Time Stability
17:43 My Inventory Management Workshop

MY BLOG: https://abcsupplychain.com

#supplychain #logistics #leadtime