A Study On Lead Time Optimization Of F Company

With the slower growth of international economy and the more combative market competition,the speed of response to customers' demands is playing a more and more important role in wining the market competition.In manufacturing industry for export,the speed of response to customers' demands means the length of lead time.In order to control inventories and costs,foreign customers are requiring the manufacturers to offer shorter and shorter lead time,which brings challenges and opportunities to manufacturing export companies.In this article,the author makes a deep analysis on the root causes that constraint F company to optimize the lead time.Combining the theory of Business Process Improvement and the Theory of Constraints,the author uses a few different research methods,such as Comparative Analysis,Fishbone Diagram and Twenty-Eighty Law,and brings up with the comprehensive solutions to optimize the lead time,including optimizing the evaluation process of normal orders and the sampling&handling process of SMU orders,and minimizing the capacity bottleneck of some processes.Meanwhile,this article analyzes the production changes of F company after implementing the optimization solutions of lead time and scientifically evaluates the optimization solutions by using two indicators,average lead time of all orders and customer satisfaction.This paper can help to some extent the further improvement on lead time of F company and be reference meaning to other manufacturing export companies for their effort of improving speed of response to customers' demands.