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What should lead time mean?

Recently I was looking at different ways of calculating safety stock and one of the calculations I looked at used “average lead time”. It

July 30, 2012

Recently I was looking at different ways of calculating safety stock and one of the calculations I looked at used “average lead time”. It

Benefiting from stocktakes

Insofar as risk and operational pain are concerned, performing a stocktake rates very high on both counts. Many organisations recognise that if they perform

April 30, 2012

Insofar as risk and operational pain are concerned, performing a stocktake rates very high on both counts. Many organisations recognise that if they perform

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