After installing an electronic data interchange,Kay Jewelers was able to reduce ___________,the amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise.
A) quick time
B) latency
C) lead time
D) currency float time
E) supply chain conflict time

Question

Quizplus · Accepted Answer

Lead time refers to the amount of time it takes from recognizing the need for an order to receiving the merchandise. By reducing lead time, Kay Jewelers was able to receive the needed merchandise faster, improving their supply chain efficiency. Quick time, latency, currency float time, and supply chain conflict time are not relevant in this context.

After Installing an Electronic Data Interchange,Kay Jewelers Was Able to Reduce