Tag: Lead Time

What do manufacturing facilities share in common with supermarkets, post offices and wireless networks? They all involve waiting in queues, whether it’s a computer waiting to connect to public Wi-Fi, customers in a queue to check out at the grocery store or work in progress (WIP) sitting until a machine is open at…
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In my previous article, I explained how and to what extent, having shorter lead times was a competitive advantage for most machine shops. We will now see the type of tools used to achieve this reduction in lead time. They are ranked in an increasing order by their difficulty of implementation and the magnitude of…
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