VIDEO: Takt Time, Cycle Time, Lead Time.

Takt time is the rate at which a product or service must be produced in order to meet customer demand. It is calculated by dividing the total available production time by the number of units demanded by the customer.

Cycle time is the time it takes to complete one cycle of a process, such as the time it takes to produce one unit of a product or the time it takes to complete one service.

Lead time is the time it takes to complete an entire process, from start to finish. This includes the time it takes to complete all necessary steps, such as ordering materials, producing the product, and delivering it to the customer.

In summary, Takt time is the pace of production required to meet customer demand, Cycle time is the time it takes to complete one unit of production, Lead time is the total time it takes to complete a process from start to finish.

Learn about Takt Time, Cycle Time, and Lead Time- what they are and when they apply.  It is important to know these so that you can figure out ways to reduce them.  This is a 14 minute video.

Lead Time and Supply Chain Training.

• Best Continuous Improvement Quotes.
• Book Reviews: “Made in America” by Sam Walton, founder of Walmart.
• Deming’s 14 Points on Total Quality Management – TQM.
• Gemba Walk: the Path to Continuous Improvement.
• Lean, Kaizen, and Continuous Improvement.
• Lean Manufacturing – Lean Factory Tour.
• Negotiation – from Stanford Graduate School of Business.
• Six Sigma In Plain English.
• Supply Chain Training Resources.
• The Kaizen Way: ONE SMALL STEP CAN CHANGE YOUR LIFE.
• Toyota Production System (TPS).
• Toyota Supply Chain Management.
• What is Inventory Control?
• What is Inventory Management?

Lean and Supply Chain Quotes

• “If you are going to do kaizen continuously you’ve got to assume that things are a mess. Too many people just assume that things are all right the way they are. Aren’t you guys convinced that the way you’re doing things is the right way? That’s no way to get anything done. Kaizen is about changing the way things are. If you assume that things are all right the way they are, you can’t do kaizen. So change something!” ~ Taiichi Ohno, father of Toyota Production System (TPS)
• “I say an hour lost at a bottleneck is an hour out of the entire system. I say an hour saved at a non-bottleneck is worthless. Bottlenecks govern both throughput and inventory.”   ~Eliyahu M. Goldratt, The Goal
• “Waste is worse than loss. The time is coming when every person who lays claim to ability will keep the question of waste before him constantly. The scope of thrift is limitless.” ~Thomas A. Edison
• “Strive for continuous improvement, instead of perfection.”​ ~Kim Collins
• “For much of Toyota’s history, we have ensured the quality and reliability of our vehicles by placing a device called an andon cord on every production line – and empowering any team members to halt production if there’s an assembly problem.  Only when the problem is resolved does the line begin to move again.” ~Akio Toyoda