Wow, this has been quite a year for ALL of us! Our Supply Chains have been disrupted and both our Supplier and Customer relationships have been put to the test. Our employees are mostly working remotely and learning how to be productive with all the distractions that come…
Browsing: Response Lead Time
At the recent Procurement Executive Round Table (PERT) workshop, we tackled the topic of defining Response Lead Time (RLT) and you may remember that we started the work of defining that as a metric. A quick reminder – just like you are ensuring that your supply chain/suppliers are…
Let me lay out a hypothetical scenario away from COVID to let us all think at a meta level about this Response Lead Time (RLT) thing. Let’s say you are the head of FEMA and have suddenly been made aware of the following: The National Electric Grid is…
By now, we have weathered the initial shock and awe from this horrible event and have settled into the routine of working from home, securing enough PPE and trying to plan for the reopening depending on when that may be happening. At the risk of beating that…