Lead Time Reduction is a structured planning approach to achieving an overall faster delivery of products and services throughout different phases of the business life-cycle. This is also closely related to initiatives like for example Project on Time (F.4.12).
- Objectives/Key learning points
- Understand how to phase-in overall Lead Time Reduction improvement thinking
- Understand how to continually improve the assumptions that lead to better development of Short Lead Times
- Define how Lead Time Reduction can influence credibility/reputation in the customers’ eyes
- Teaching methodology
- Facilitated discussion with the client as to what drives the desire to shorten the Lead Times for delivery of products and services and how this can be achieved.
- Implementation methodology
- Develop initiatives to improve Lead Time Reduction and run them as projects by applying all project management infrastructure