Nobody downloaded yet

The impact of increase in lead times in supply chain activities on retail concerns - Research Paper Example

Comments (1) Cite this document
The basis of every company’s success lies with the clients. The best thing that a company can wish to achieve is a satisfied customer who will remain loyal based on the services they received from the company…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
The impact of increase in lead times in supply chain activities on retail concerns
Read TextPreview

Extract of sample "The impact of increase in lead times in supply chain activities on retail concerns"

Download file to see previous pages However, for this to happen to any supply chain, the management must enforce some of the basic rules that allow them to compress time to enhance their processes and ensure that the clients receive their orders in due time. Precision and accuracy always work positively as they ensure that the time that lapses between the placement of an order and the delivery of the same is as minimal as possible and at the right time (Chen, et al., 2000, p. 436). This does not imply a reduction in the quality just to satisfy demand. Each employer understands that the employees will always work best if motivated and inspired to keep the quality and time as congruent as possible. As such, working hand in hand with them is not only necessary but advantageous because the management will understand what is required to help them achieve the very best within the shortest time possible (Borzath, Warsing, Flynn and Flynn, 2009, p. 78). Pressurizing them may hinder their full potential and thus failure in the production system because they are not satisfied with what they are doing. However, a clever supply chain manager will always seek innovative means through which they can improve the demand chain performance. To achieve this, they may need to include some of the time-proven ideologies such as lead time reduction, forecasting or customer satisfaction matrix. The report herein will explore the impact of lead time reduction and how this affects the services within a supply chain. The report will also offer some recommendations based on the impacts discussed in relation to the Norwich Nordic and Pulp Company as well as the best means of maintaining this trend. Lead Time This is defined by several researchers as the amount of time that elapses between the start of a process and its completion (Chen, et al. 2000; Borzath, Warsing, Flynn and Flynn 2009; de Treville et al., 2004; Shah and Ward, 2007). Every company wants to encompass the whole system in the supply chain from the consumer demand to customer satisfaction this means that by all means they have to deal with the total cycle time (TCT) or the lead time. This has three major components that are imperative in meeting the customer demand, information flow and material flow. These attributes are necessities and if well intertwined, could offer the best strategy in meeting the demands of the supply chain management system. The consequent reduction of the lead time is very imperative in the creation of a direct leverage on the bottom-line (Shah and Ward, 2007, p. 786). This will help the chain achieve better competition and allow the management to deal with each of the factors from a more informed position compared to before. By allowing this component, the management will be offering a chance for each of the employees to play to the same music hence minimizing delays and maximizing on the time allocated for each activity. When talking about the lead time there are several components that ought to be considered. They include pre-processing, processing and post-processing. Pre-processing includes the determinations made when resources are required and the steps that allow each of them to be filled in order. It also looks at the final product and how it reflects the current order placed by the client (Ketchen and Hult 2006, p. 575). The processing bit looks at the actual manufacturing of the product and making it like the real product that has been ordered. Post-processing looks at the delivery of the order to the client after the order has been manufactured. Each of this is what the lead time has to be measured against based on the benchmarks set by the company. Reducing the process ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The impact of increase in lead times in supply chain activities on Research Paper”, n.d.)
The impact of increase in lead times in supply chain activities on Research Paper. Retrieved from
(The Impact of Increase in Lead Times in Supply Chain Activities on Research Paper)
The Impact of Increase in Lead Times in Supply Chain Activities on Research Paper.
“The Impact of Increase in Lead Times in Supply Chain Activities on Research Paper”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
kuhnnick added comment 1 year ago
Student rated this paper as
Nice paper! Used it to complete an assignment for a management course. It was easy as ABC, for the first time in my life.

CHECK THESE SAMPLES OF The impact of increase in lead times in supply chain activities on retail concerns

Globalization impact on supply chain

...and Lee 2005). Furthermore, as the global commerce and industry equalizes the landscape of the business, speed takes on a more critical role and supply chains become the new weapon for competing with other companies. The vast impact of globalization can be seen in terms of companies from the developing markets of the world, such as India and China which are becoming a part of the global supply chain with presence in other distant markets of the world (Lambert 2008). The greatest product has to be in the hands of the intended customer with the lowest price before the real competition starts. If this is attained, then only the value of the product can be...
12 Pages(3000 words)Essay

Supply Chain

.... The supply chain partner’s office nearest to the Company supply centre is activated for material pickup and delivery. The result of this effective process is nearly zero inventory and total customer satisfaction. Amazon Amazon was set up in 1994 by Jeff Bezos and since its establishment has grown to become one of global leaders in online business to consumer retail business. With an initial plan of being an online bookstore, has now diversified to other areas including computer accessories, toys, jewellery, groceries and consumer electronics. During the late 1990s crisis of the dot-com, Amazon was equally affected but by 2003 it had realized...
8 Pages(2000 words)Essay

A dominant retail centric supply chain participant

.... ii. Problem with lead time: As in an intensively competitive industry, many retailers have realized the importance of short lead time. It benefits the retailers in two aspects: reduce the inventory level for retailers due to the quick turn over rate; increase the service level and customer satisfaction. Industry practice suggests that customers may be willing to pay a price premium for shorter delivery times. However, the problem with M&S with respect to customer responsiveness is that it generally involves in long lead time. III. Conclusion: On the...
17 Pages(4250 words)Research Paper

Retail Supply

...and offices are extremely high, which services leading companies such as Canada Post, Retail Council of Canada, IBM Canada, Showcase television and consultants from different countries. The majority of the pedestrians are working age who also form the largest proportion of the shoppers (Figure 3). Figure 3: Population by age group PART C: DISCUSSION Bay Adelaide Centre Yorkville east of Avenue Road Retail chain 30% 70% Independents 20% 80% Retailing type Planned retailing Unplanned retailing Other types of uses that make up the system -Government agency offices -Private business offices -Transport -Police stations...
4 Pages(1000 words)Essay

High-Impact Supply Chain Management

...High-Impact Supply Chain Management High-Impact SCM Academia Research Academia Supply Chain Management is coordination between all the present factors under the controlling areas of the company, such as production, finance, marketing etc. Thus the collaboration is a prerequisite for SCM to work effectively for a company. The collaboration faces many obstructions as every one pursues own objectives and so the conflicts arise, the collaboration has to keep the things normal and help both the parties to reach their objectives in a desired way without compromising on the sidelined facts. One good thing that SCM should concern...
2 Pages(500 words)Essay

Supply chain enabling the organization to concentrate on its core business. There are high chances that an organization would save costs from implementing this strategy since it will be in a position to employ a reasonable number of workers to perform the work related to logistics operations. The suppliers can charge relatively low prices for performing the tasks related to logistics operations. The suppliers also have special equipment and transport that can be used to perform various tasks related to supply and logistics in the operations of the company. The other benefit is that the company will be in a better position to concentrate on its core business through outsourcing activities such as...
2 Pages(500 words)Essay

Supply Chain

...for their product line. Amongst organizations this framework plays an active role by not only storing large base of resources but even through effective customer service management, management of manufacturing flow, product commercialization and development, maintaining supplier relationship, handling returns and successfully fulfilling placed orders (Jespersen and Skjott-Larsen, 2005). Key issues faced by supply chain managers There are varied challenges associated with international supply chain management. In global context, managers are often subjected to numerous risks which they need to consider for framing appropriate supply...
4 Pages(1000 words)Essay

Lenovos Retail Supply Chain

...). The focus of this comprehensive essay is to review Lenovo’s retail supply chain as well as logistics operations as well as the effect on costs and consumer experiences for the retail customers. Lenovo’s Supply chain operations Initially, Lenovo’s supply chain was not properly incorporated partially for the reason that it had been developed from a union between two firms that did not have the same characteristics (Sako, 2011, p. 24). The company had different distributors in various regions of the globe, with varying customer bases and operating under different models. The initial...
12 Pages(3000 words)Essay

Supply Chain

...Supply Chain al Affiliation Supply Chain Company Profile Based on the economic vision of the United Arab Emirates and taught to promote economic and social development through economic diversification and build a knowledge-based economy. Vision also identified 12 strategic sectors, including transportation and logistics, and in this context, it was the Etihad Rail is defined as one of the main economic projects. Etihad Rail Company founded based on the Federal Decree No. 2 of 2009, to develop, construct and operate the rail network to transport passengers and goods of the United Arab Emirates. It also will create a rail network in stages in order to link the most...
1 Pages(250 words)Coursework

Supply Chain

...profitability by minimizing transportation costs by setting up warehouses closer to the consumers (Watson et al. 2012). The production unit should be situated where transportation costs of raw materials are minimal. A supply chain network defines sales and marketing decisions. MSG (2013) states that a supply chain network extrapolates cost impacts and combines possible combinations to project profitability. Supply design network is a strategic endeavor that includes long term; short term and capacity planning that extend over lengthy time horizons. An integer and linear programming mathematical optimization are the best...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic The impact of increase in lead times in supply chain activities on retail concerns for FREE!

Contact Us