Want to know how to compress lead times?
One effective way to compress the lead time of production is to streamline your supply chain. This can involve finding reliable and efficient vendors who can consistently meet your needs and delivery timelines, as well as implementing better inventory management practices. Another solution is to actively look for alternatives to any bottleneck processes or materials. For example, if a specific component such as HVAC duct corners is taking too long to acquire, consider switching to a different type of corner or finding another supplier. Lastly, increasing communication between departments can also help identify and address potential delays in the production process. By implementing these strategies, organizations can significantly decrease their lead times and improve overall efficiency in production.