During our time in Japan we took an inventory management course on the Semiconductor industry here in Taiwan. Taiwan is the largest country contributor in the semiconductor industry. The class focused on the immense efficiency in the production of this market. This is especially true because the life span of semiconductors is not long with changes in technology. However, many companies have to hold enough stock because once an order comes in, it usually takes 2 days before the shipment leaves the country and that does not include transit time from Taiwan to US. These two days refers to the order fulfillment, packaging, and customs,98% of orders have to be shipped in 2 days . Therefore, the appropriate amount of inventory must be kept at all times to avoid interruptions in the supply chain because production time is longer than one week.
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