๐ ๐๐๐ต: “We only produce to customer orders. We donโt have to worry about inventory and forecasts.”
๐ฅ๐ฒ๐ฎ๐น๐ถ๐๐: For manufacturing processes of a few minutes or hours most Planning Systems allow 2 – 3 days each. Taken together these โtime off-setsโ mean Lead Times to produce a few hours of work are forecasted over multiple weeks.
๐๐น๐๐ต๐ผ๐๐ด๐ต ๐๐ฒ ๐บ๐ฎ๐ธ๐ฒ ๐๐ผ ๐ผ๐ฟ๐ฑ๐ฒ๐ฟ, ๐๐ฒ ๐๐๐ถ๐น๐น ๐ฝ๐น๐ฎ๐ป ๐๐ผ ๐ถ๐ป๐ต๐ฒ๐ฟ๐ฒ๐ป๐๐น๐ ๐ถ๐ป๐ฎ๐ฐ๐ฐ๐๐ฟ๐ฎ๐๐ฒ ๐ณ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐๐ ๐๐ต๐ฎ๐ ๐ฑ๐ผ๐ปโ๐ ๐ฎ๐ฐ๐๐๐ฎ๐น๐น๐ ๐๐ผ๐ฟ๐ธ.
๐ฅ๐ถ๐๐ธ: Shipments and payments are delayed. Cash is needlessly embedded in in-Progress inventory and left lying on the floor.
Have you had any experience of this?
