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How are you dealing with customer request on product lead time reduction to be more competitive in the market as it relates to procurement team?

Procurement Cycle Time Reduction
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Question added by Macario, Jr. Abejo , Project Manager / Order Management & Product Service Manager , Winbox Company Limited / Timex Nederland B.V.
Date Posted: 2015/06/13
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Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

 The Procurement Team may be helpful in reduction of product lead time mainly through 

  • Reduction in Procurement Cycle Time brought about by process optimization
  • Effective Suppliers Management Program
  • Efficient Inventory Management 

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