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Lead‐time reduction: the search for competitive advantage

Richard J. Tersine (College of Business Administration, University of Oklahoma, Norman, Oklahoma, USA)
Edward A. Hummingbird (College of Business Administration, University of Oklahoma, Norman, Oklahoma, USA)

International Journal of Operations & Production Management

ISSN: 0144-3577

Article publication date: 1 February 1995

11059

Abstract

Generic product offerings in a boundaryless competitive environment do not support economic viability. Time‐based dimensions of a product are becoming an increasingly important component in assessing strategic advantage. A generalized framework is provided for analyzing product environments based on production/consumption gaps that can lead to an augmented product. Traditional long lead times and high inventory levels are less appropriate and more costly endeavours that may not even achieve product parity.

Keywords

Citation

Tersine, R.J. and Hummingbird, E.A. (1995), "Lead‐time reduction: the search for competitive advantage", International Journal of Operations & Production Management, Vol. 15 No. 2, pp. 8-18. https://doi.org/10.1108/01443579510080382

Publisher

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MCB UP Ltd

Copyright © 1995, MCB UP Limited

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