Transit Time refers to the total time taken for goods to move from the point of origin to the final destination.
How It Works:
- Goods are dispatched from the origin.
- They move through various transportation stages.
- Time is tracked until delivery at destination.
- It depends on distance, mode of transport, and route.
Benefits:
- Enables accurate delivery planning and customer commitments
- Supports efficient inventory and supply chain management
- Helps optimize logistics routes and transportation modes
- Reduces uncertainty in order fulfillment timelines
Example:
A shipment takes 10 days to move from India to Europe, which is its transit time.