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A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on various particularities.
Advertised configurations are customizable and assembled upon order. Build to Order (BTO: sometimes referred to as Make to Order or Made to Order (MTO)) is a production approach where products are not built until a confirmed order for products is received. Thus, the end consumer determines the time and number of produced products. [1]
Engineer to order is a production approach characterized by: [1] Engineering activities need to be added to product lead time. Upon receipt of a customer order, the order engineering requirements and specifications are not known in detail. There is a substantial amount of design and engineering analysis required.
Delivery lead time is the blue bar, manufacturing time is the whole bar, the green bar is the difference between the two. Order fulfilment (in American English: order fulfillment) is in the most general sense the complete process from point of sales enquiry to delivery of a product to the customer.
Due to software limitations, but especially the intense work required by the "master production schedulers", schedules do not include every aspect of production, but only key elements that have proven their control effectivity, such as forecast demand, production costs, inventory costs, lead time, working hours, capacity, inventory levels ...
Companies are racing against the clock this week to notify antitrust agencies about pending deals before a new, more stringent merger filing rule passed during President Joe Biden's administration ...
The order – which supports the president’s pledge to have the federal agency shuttered – has been in the works since Trump’s transition, the outlet reported. ... telling Time Magazine in ...
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related to: make to order lead time