Just in Time: Predictive Lead Time to the Rescue

Remember when you didn’t care how long your lead time was, as long as it was consistent? It wouldn’t have been such a bad system, except that lead times are never consistent.

So companies like yours began maintaining a safety stock, “just in case.” Of course, “just in case” costs you money in the form of larger inventory. Better to go with “just in time.”

I’m talking about predictive…