What does this slide say to you? (Time equals money.)
Do you agree? Why? (The more time invested in a product or service, the more money is involved.)
In today's business environment this is even more true. An appropriate lead time is a competitive advantage. It allows a company to bring products to the market sooner, react quicker to necessary changes, respond to market/customer demand in a timely ma
Lots of new businesses are built on reduced lead time. Can you think of any? (The fast food industry.)
All of this suggests that reduced lead time can equate to money in a company's pocket.