Delivery time is the duration it takes for goods or services to be transported from the supplier to the customer. It encompasses the entire process, from order placement to the arrival of the product at its destination.
Delivery time is a critical factor in supply chain management as it directly impacts customer satisfaction and operational efficiency. Factors affecting delivery time include production lead time, transportation time, inventory management, and order processing time. Efficient supply chain management strives to minimize delivery time by optimizing processes, utilizing technology, and improving coordination between suppliers, manufacturers, and distributors. By reducing delivery time, businesses can enhance customer experience, minimize stockouts, and gain a competitive advantage in the market.
