Discuss how a reduction in lead time can help a supply chain

Reference no: EM132546708

Examine the need for inventory in global supply chains and the impact of lead time on a global supply chain

Prompt:
Discuss how a reduction in lead time can help a supply chain reduce safety inventory without hurting product availability. In addition to reading your assigned resources for week 3, research online definitions for inventory holding and carrying costs, optimal lot sizing, and quantity discounts.

Instructions: Your initial reply to the forum question should be posted no later than Thursday midnight and should include a minimum of 275 words. Additionally, you are to respond to a minimum of two fellow students with a posting containing over 150 words. Your original post should incorporate concepts and materials that you have researched and learned this week. Please include a minimum of one attribute for an internet resource to support your findings in addition to a citation from your textbook. These postings are research based and should be based on what you learned in addition to your own experiences and insights. Opinions are allowed, however they should not constitute the majority of the initial forum posting. Please note that for all Forum postings where an author is quoted or paraphrased, an attribution to the source or sources should be placed at the bottom of the forum posting.

Reference no: EM132546708

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