Chapter 5 – Anticipated Lead Times & Safety Stock
The topics covered in Chapter 5 include:
- The Anticipated Lead Time
- Lead Times and Vendor Shipments
- The Components of the Anticipated Lead Time
- Advantages of Manually Maintaining the Anticipated Lead Time
- Dealing with Unusual Lead Times
- Other Lead Time Situations
- Long Lead Times Are Not the Problem, Inconsistent Lead Times Are
- Safety Stock
- How to Maintain Safety Stock
- How Much Safety Stock Do You Need?
- Items That Require Less Safety Stock
- Bringing In Large Safety Stock Quantities at Beginning of a Season
- Multi-Echelon Safety Stock
- Using Residual Inventory to Determine If Safety Stock is Adequate