Lead Time and Little’s Law

Posted: November 7, 2017 | Author: | Filed under: Lead Time and Little's Law, PE Leadership and Culture, Videos | Leave a comment

This video describes the concept of Lead Time, one of the foundational ideas of Process Excellence. It is foundational because it focuses on time whereas traditional process thinking emphasizes things like economies of scale and subordinating time, especially the customer’s time, to the needs of the process.

The next video builds on Lead Time and introduces one of the most powerful managerial concepts, Little’s Law.