It’s everywhere. You can’t escape it. Lead time, lead time, lead time! You’ve heard it repeatedly, but has anyone taken the time to explain to you exactly what lead time is and what goes into it?
Don’t fret, we’re here to help. It’s a complex beast, but we’ll do our best to break it down so it even makes sense to those who are just getting...
I have this image of a sourcing manager talking to a supplier with the conversation going something like this, “I don’t have extruded aluminum right now, but what I do have are a very particular set of skills; skills I have acquired over a very long career. Skills that make me a nightmare for people like you. If you let me have the aluminum...
Do you remember the scene in the movie Father of the Bride when Steve Martin’s character George Banks goes nuts over the number of hot dogs in a package versus the number of buns in a package?
You make a product in China. You went it alone. You found someone on the internet and they promised they could manufacture your product to your standards in the time required for the lowest price.
Unfortunately, they also made an absolute hash of it.