In This Episode...

Renaud Anjoran, Sofeast's CEO, catches up with Adrian from the team to talk about reducing lead times from suppliers in China or other Asian countries.

They cover why reducing lead times is important, the benefits of doing so, what causes longer lead times, and some strategies you can follow to reduce them and receive your products faster.

 

Show Notes

00:00 - Introduction & chat about the COVID-19 situation in South China which does have a hand in delayed shipments and increased lead times.

04:05 - Why should importers be striving to reduce lead times? 

08:55 - Another reason why... 

13:55 - Some of the common causes of lengthy lead times. 

Where the manufacturing is taking place. 

The time it takes for the supplier to start production.

Your order size.

Incoming and outgoing QC checks on materials/components and products.

Customs delays or time spent waiting to get a container.And these might also cause delays...

Poor communication with the supplier.

Processing time.

How much inventory they keep.

Having a large number of components from different sub-suppliers.

24:45 - Renaud's key strategies for reducing lead times. 

40:47 - The role of vetting suitable suppliers in obtaining good lead times. 

42:52 - Wrapping up 

 

Related content...

How to reduce lead times

Better sales forecasts and more flexible supply chains

Production in large batches in China: top 5 problems

Manufacturing Issues Communication Problems With Chinese Suppliers Cause And Their Solutions

IFE (Initial Factory Evaluation) Audit

 

Get in touch with us

Connect with us on LinkedIn

Send us a tweet @sofeast

Prefer Facebook? Check us out on FB

Contact us via Sofeast's contact page

Subscribe to our YouTube channel

 

Subscribe to the podcast 

There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here:

Apple Podcasts

Spotify

Stitcher

Google Podcasts

TuneIn

Deezer

iHeartRADIO

PlayerFM

Listen Notes

Podcast Addict