How to Optimize Industrial Response Time and Boost Profitability

Written by Corporativo

Published on 18/09/2023 at 18:44

Fonte : Engenharia Comunicação.

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“Lead Time”: Understand Its Influence on Industrial Results

The “lead time”, or response time, is a vital metric in the industry, capable of capturing up to 30% of an organization’s revenue. Ricardo Borgatti, a renowned industry expert and partner at Borgatti Consulting, emphasizes the urgency of improving the management of this indicator. This time span between the start and the completion of a set of processes can be the key to industrial financial health.

By evaluating various case studies, Borgatti identified that some industries could free up between R$ 15 million to R$ 300 million from their cash flow simply by improving the management of “lead time”. The question is: why aren’t industries capitalizing on this potential?

Uncovering “Lead Time” in the Manufacturing Universe

In the vast world of manufacturing, “lead time” is a multifaceted concept. It can be applied from the replenishment of supplies to final delivery. Borgatti’s focus is mainly on industrial “lead time”, that is, the time between selecting raw materials and completing the product for storage.

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Technology as a Catalyst for Efficiency

An excellent example of this transformation is Apsen Pharmaceutical, which has used Cognitive technology to revolutionize its production processes. By replacing the old paper-and-pencil method with modern solutions such as the Internet of Things and Artificial Intelligence, the company now monitors all production in real-time. As a result, there was an impressive reduction of 46% in its industrial “lead time”, as pointed out by Márcio Rodrigues Mendes, Operational Excellence Manager at Apsen.

The Impacts of “Lead Time” go beyond operational costs. A long “lead time” can negatively affect reputation and competitiveness. On the other hand, efficiently managing this indicator can bring millions back to cash flow, strengthening the company’s competitive position and allowing for more investments in innovation and development.

In summary, in a world where speed and efficiency are valued, improving “lead time” is more than a necessity; it is a strategic imperative.

Source: Jaine Machado – Communication Engineering.

How to Optimize Industrial Response Time and Boost Profitability

“Lead Time”: Understand Its Influence on Industrial Results

Uncovering “Lead Time” in the Manufacturing Universe

Technology as a Catalyst for Efficiency

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How to Optimize Industrial Response Time and Boost Profitability

“Lead Time”: Understand Its Influence on Industrial Results

Uncovering “Lead Time” in the Manufacturing Universe

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On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

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