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Transit Time is a supply chain management concept that refers to the amount of time it takes for goods to move from one point to another. It is a key factor in determining the efficiency of a supply chain, as it affects the cost of goods and the speed of delivery. Transit Time is typically measured from the moment an order is placed to the moment it is received by the customer. It includes the time it takes for the goods to be picked up, shipped, and delivered.
Transit Time is affected by a variety of factors, such as the distance between the origin and destination, the mode of transportation, and the availability of resources. Companies must consider these factors when planning their supply chain operations.
Companies in the Transit Time market include FedEx, UPS, DHL, Amazon, and USPS. Show Less Read more
