Tag Archive for: lead time days

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Lead Time Forecasting Video

Lead Time is an important factor in any demand-driven forecasting or retail replenishment system. It drives your order points and helps you place orders at just the right time. If your lead time is inaccurate you will quickly find yourself overstocked or understocked.

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7 Reasons Your Lead Time is Wrong (And It’s Costing You Millions)


Lead Time
is an important factor in any demand-driven forecasting or retail replenishment system. It drives your order points and helps you place orders at just the right time. If your lead time is inaccurate you will quickly find yourself overstocked or understocked. Are you making these common lead time mistakes that cost retailers millions?

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Do you make these mistakes with Lead Time?

Lead Time continues to be one of the most requested topics in our discussion groups, customer surveys, and blog research interviews.  There are several reasons that Lead Time is important: a significant portion of your inventory dollars are invested in lead time, it’s a critical component to Just in Time (JIT) inventory replenishment, and last, many consulting and logistics software companies tout how Lead Time is the Holy Grail to achieving inventory optimization. Don’t believe the last one, its smoke and mirrors.

Lead Time process improvements provided one retailer a $1 Million dollar gross profit gain from lost sales reductions!

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