Overcoming these problems and ensuring timely response to volatile demand
requires a new and fundamentally different approach to the management of
lead times.
Logistics pipeline management
The key to the successful control of logistics lead times is pipeline management.
Pipeline management is the process whereby manufacturing and procurement
lead times are linked to the needs of the marketplace. At the same time, pipeline
management seeks to meet the competitive challenge of increasing the speed of
response to those market needs.
The goals of logistics pipeline management are:
Lower costs ...
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