| Publisher | Oracle | ||
|---|---|---|---|
| Format | 203.0KB PDF | Date added | 01 Oct 2002 |
| Topics | Business Management, Supply Chain Management | ||
| Downloads | 2 | ||
To compete in increasingly global markets, automotive enterprises must excel in the areas of cost, quality, on-time delivery, and product innovation. Compounding those challenges is an effort by the industry to reduce the lengthy delivery lead times associated with producing a built-to-order vehicle. While the "5-day car" remains an ideal, industry thought leaders believe that reducing traditional lead times from 60 or 70 days to a fraction of that time is a very achievable goal. To achieve the ultimate goal-a minimal amount of lead time with a minimal amount of inventory at the lowest operational cost-OEMs must go beyond improving their internal processes, core competencies, and outsourcing strategies and drive toward increased visibility of demand information between all links in the supply chain.
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