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About CHAPTER - 2 - Matching Supply and Demand
This document is a chapter from a textbook about supply chain management. It discusses key concepts related to matching supply and demand, including: 1. The importance of reducing lead times in order to gain a competitive advantage through time-based competition. 2. The concepts of lead time, order cycle time, and cash-to-cash cycle for evaluating the time it takes to fulfill orders and generate cash flow. 3. How the customer order cycle often does not match the longer logistics lead time, creating a "lead time gap" that requires inventory to bridge. Strategies for reducing this gap through shorter lead times and improved demand visibility are discussed.
Detailed Information
| Author: | ['syazwani aliah'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 106 |
| Language: | English |
| Format: | |
| Price: | FREE |
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