Question: Problem StatementA cargo ship loaded with containers sailing into port, indicating long lead times, has become a significant problem for our company. The average lead
Problem StatementA cargo ship loaded with containers sailing into port, indicating long lead times, has become a significant problem for our company. The average lead time for receiving raw materials is days, and for shipping completed goods, it is days, both far above industry benchmarks. This has led to a increase in customer complaints and a rise in production downtime. To mitigate these issues, we need to enhance supplier relationships, implement advanced inventory management, and optimize logistics processes.
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