ASCM released its 20th Supply Chain Dictionary update, which includes purchasing lead time as a new word.

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"Lead time" isn't just how long a supplier takes. It's order prep, transit, receiving, inspection, and put-away, all stacked together. This month's Supply Chain Dictiona…

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Company

ASCM

Association for Supply Chain Management is the largest supply chain association driving impact and education globally.

Industry
Non-profit Organizations
Location
Chicago, US
Company size
501–1,000 employees

About ASCM

The Association for Supply Chain Management is the global pacesetter of organizational transformation, talent development and supply chain innovation. As the largest association for supply chain, ASCM members and worldwide alliances fuel innovation and inspire accountability for resilient, dynamic and sustainable operations. ASCM is built on a foundation of world-class APICS education, certification and career resources, which encompass award-winning workforce development, relevant content, groundbreaking industry standards and a diverse community of professionals who are driven to create a better world through supply chain.

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