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Benefits of ERP system

Under benefits of ERP system there are 2 points 1. Reduction of lead time and 2. Reduction in cycle time. What is the difference between lead time and cycle time?

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Punitha Krishnaraj

Punitha Krishnaraj

CA Inter

0

21-Sep-20

60

Answers (2)

Best Answer

lead time is time gap between order placed for purchase of an item and its delivery. Cycle is completion of full cycle ( cycle could mean production / manufacturing / sales cycle) i. e placing and order for purchase of an item , delivery of that item , paying for that item and using that item in production, selling the final output, collecting money from customer post sale


Sriram Somayajula

Sriram Somayajula

Admin

22-Sep-20

Thank you:)


Thread Starter

Punitha Krishnaraj

Punitha Krishnaraj

CA Inter

0

22-Sep-20

50K forums
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