Lead time reduction and process enhancement for a low volume product

2021 ◽  
Author(s):  
M. Balaji ◽  
S.N. Dinesh ◽  
S. Raja ◽  
Ram Subbiah ◽  
P. Manoj Kumar
Keyword(s):  
Lead Time ◽  
Lead Time Reduction ◽  
Volume Product ◽  
Low Volume ◽  
Time Reduction

Rethinking Lead Time Reduction Investment: A Real Options Perspective

2008 ◽  
Author(s):  
Suzanne de Treville ◽  
Lenos Trigeorgis ◽  
Benjamin Avanzi
Keyword(s):  
Real Options ◽  
Lead Time ◽  
Lead Time Reduction ◽  
Time Reduction

scholarly journals Lead Time Reduction for managing Engineering Changes

2020 ◽  
Vol 998 ◽  
pp. 012027
Author(s):  
S. Kolapkar ◽  
R. S. Bharsakade ◽  
A. U. Rajurkar
Keyword(s):  
Lead Time ◽  
Lead Time Reduction ◽  
Engineering Changes ◽  
Time Reduction

FE Analysis and Lead Time Reduction by Combined Use of CAD And CAE

2013 ◽  
Author(s):  
S Kasai ◽  
◽  
T Kunisada ◽  
Y Ohtsuki ◽  
R Ikeda ◽  
...  
Keyword(s):  
Lead Time ◽  
Fe Analysis ◽  
Lead Time Reduction ◽  
Combined Use ◽  
Time Reduction

scholarly journals Shipment sizing for autonomous trucks of road freight

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chun-Miin (Jimmy) Chen ◽  
Yajun Lu
Keyword(s):  
Lead Time ◽  
Economies Of Scale ◽  
Relevant Information ◽  
Cost Information ◽  
Content Type ◽  
Lead Time Reduction ◽  
Road Freight ◽  
Inventory Centralization ◽  
Time Reduction ◽  
Autonomous Technology

PurposeUnprecedented endeavors have been made to take autonomous trucks to the open road. This study aims to provide relevant information on autonomous truck technology and to help logistics managers gain insight into assessing optimal shipment sizes for autonomous trucks.Design/methodology/approachEmpirical data of estimated autonomous truck costs are collected to help revise classic, conceptual models of assessing optimal shipment sizes. Numerical experiments are conducted to illustrate the optimal shipment size when varying the autonomous truck technology cost and transportation lead time reduction.FindingsAutonomous truck technology can cost as much as 70% of the price of a truck. Logistics managers using classic models that disregard the additional cost could underestimate the optimal shipment size for autonomous trucks. This study also predicts the possibility of inventory centralization in the supply chain network.Research limitations/implicationsThe findings are based on information collected from trade articles and academic journals in the domain of logistics management. Other technical or engineering discussions on autonomous trucks are not included in the literature review.Practical implicationsLogistics managers must consider the latest cost information when deciding on shipment sizes of road freight for autonomous trucks. When the economies of scale in autonomous technology prevail, the classic economic order quantity solution might again suffice as a good approximation for optimal shipment size.Originality/valueThis study shows that some models in the literature might no longer be applicable after the introduction of autonomous trucks. We also develop a new cost expression that is a function of the lead time reduction by adopting autonomous trucks.

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