A supply chain responsiveness matrix is a tool that is used to analyze

inventory Inventory (American English) or stock (British English) refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. Inventory management is a discipline primarily about specifying the shap ...

and lead time within an organization. The

matrix Matrix most commonly refers to: * ''The Matrix'' (franchise), an American media franchise ** ''The Matrix'', a 1999 science-fiction action film ** "The Matrix", a fictional setting, a virtual reality environment, within ''The Matrix'' (franchis ...

is one of a number of

value stream mapping Value-stream mapping, also known as "material- and information-flow mapping", is a lean-management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of ...

tools. The Lean Enterprise: Designing and Managing Strategic Processes for Customer-winning Performance By Dan Dimancescu, Nick Rich, Peter Hines The matrix is represented by showing

lead time A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on vari ...

along the x-axis and inventory along the y-axis. The result shows where slow moving stock resides.

References

{{reflist Business intelligence terms Lean manufacturing

See also

References