Chapter 5 – Anticipated Lead Times & Safety Stock
The topics covered in Chapter 5 include:
- The Anticipated Lead Time
- The Average Lead Time
- Advantages of Manually Maintaining the Anticipated Lead Time
- The Components of the Anticipated Lead Time
- Validate Your Anticipated Lead Time
- Dealing with Unusual Lead Times
- Other Lead Time Situations
- Long Lead Times Are Not a 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
- Manually Maintained Safety Stock “Thresholds”
- 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
- Maintaining Safety Stock is Subjective